The UK-based but world-recognized broker, IG Group has launched a new institutional trading offering called IG Prime that will provide prime brokerage services for start-up and established head funds, Family Offices and other professional trading entities. The new offering will be supported by an international group of sales professionals around the world.
The new institutional offering has resources in 16 countries and provides its clients with a dedicated account management team dealing with business and technology processes. As part of the company’s strategy for growth, IG Group will continue to broaden its products and services over the next two years.
Max Hayden, Global Head of Prime Brokerage Sales at IG Group commented: “IG Prime will deliver efficiency for clients through its use of cutting-edge technology and product development. We can successfully compete because we will be cost-effective, whilst still offering clients deep and sophisticated trading access with a personal touch. Hedge Fund clients are more focused on cost than ever as the industry has gone mainstream, but they still want the comfort of a secure well-capitalized counterparty.”
Mr. Hayden recently joined IG Group in January of this year having recently spent 2 years at ITI Capital, a private equity-owned brokerage that covered both Institutional and Retail clients in global market execution, as CEO. Mr.Hayden is based at IG’s offices in London and reports to Fouad Bajjali, CEO of IG Bank SA, who leads IG’s global institutional business.