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IG Europe expands in Amsterdam

Source: LeapRate

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IG Europe, the European subsidiary of IG Group, opened its office in Amsterdam on Friday last week as part of its investment for growth. As IG is looking to become more diversified, it has opened new offices in Hong Kong and Bermuda in 2020.

Nazli Visne was appointed as Head of IG Netherlands, an extension of her current role as Deputy Head of IG Germany, where she supports Simona Stoytchkova, Managing Director, IG Europe to lead the broker's commercial operations. Nazli also serves as a line manager for the Sales and Premium Client Manager teams based in both Germany and the Netherlands. Initially, four IG staff are based in Amsterdam to provide services for local retail traders and provide market insights in Dutch.

IG's new office will offer services to the Dutch retail investment market with its full range of products, but with a particular focus on turbo certificates. The Netherlands has developed as the fastest growing market in Europe for these limited risk financial derivatives.

The Netherlands has around 35,000 'turbo traders' and excluding the large contingent of option market participants, according to Dutch regulator AFM data. There is a total of about 200,000 leveraged derivative traders in Europe.

Nazli Visne, Head of IG Netherlands said: "Our vision for IG Netherlands is to offer our clients everything they would expect from one of the world's leading online brokers, whether that is a product to navigate unexpected market volatility, hedge their portfolios, or trade on forthcoming financial events. We firmly believe that only knowledgeable and successful clients stay for the long-term and IG puts clear restrictions within our onboarding process and provides full educational support to ensure they are fully informed before trading on our platform."

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