Spread betting and contracts for difference (CFD) provider, IG Group has promoted its long-serving executive, Nazli Visne to take on the role as its Branch Head in the Netherlands.
Having originally joined IG back in 2010 as its Marketing Manager, Visne is a mainstay at the UK broker. She has worked her way up through several senior roles, culminating with the position of Deputy Head of IG Germany. She maintains her current role as Deputy Branch Head with line management of sales teams of 8.
IG expects to Leverage her expertise as the broker is expanding its market share into other European countries. This is amid a shake-up of the multi-asset-brokerage market.
The Netherlands has been one of the first countries selected by app-based services such as Freetrade for a wider European rollout of its low-commission Trading Platform .
Commenting on the announcement Visne said: “We see great potential in the Dutch market. Last year IG launched the Turbo24, a type of turbo certificate that can be traded 24 hours a day. With the addition of the Turbo24 to our product range, we now offer one of the most traded products for traders in the Netherlands and also in the rest of Europe. Opening an office is a very logical next step, from which we’ll provide our Dutch clients with support and market insights in the local language.”
Earlier last month, IG Group Holdings PLC (LON:IGG) reported solid revenues for the first quarter of its fiscal year. The broker took in revenue of £209.0 million. This has increased 62 percent from £129.1 million in the corresponding period for last year.
Furthermore, Britain’s biggest player in the spread betting sector, with a 40 percent share of the market, has undergone several management changes over the last few months.
