IG Group Promotes Matt Macklin as CEO UK, APAC

IG Group, which is listed and headquartered in London, has promoted Matt Macklin as the new Chief Executive Officer of the United Kingdom, Asia-Pacific and Emerging Markets. He is based in London and has already assumed his new responsibilities earlier this month, according to his Linkedin profile.

He has been promoted from the role after spending more than three years as the broker’s UK Head.

Macklin is an expert in the trading industry, especially forex and CFDs, and has worked for almost two decades for multiple brokers. He spent most of his professional career with IG.

He first joined IG in 2004 as a Futures Dealer, making his debut in the trading industry. He then completed eight long years with the broker, later as the Group Head of Sales Trading and the Group Head of Trading Services.

After his first tenure at IG, Macklin joined rival CMC Markets in September 2012 as the Head of Europe. There he was initially recruited to manage the broker’s United Kingdom client-facing operation, but in early 2013, he was given the responsibility for the European and Canadian offices.

Between 1997 to 2001 Macklin attended Loughborough University in England. He studied a Bachelor of Science (BSc in the fields of Banking, Corporate, Finance and Securities Law.

Performance of IG

Meanwhile, IG is performing very well with its brokerage business, posting solid revenue and earnings. In the first quarter of the fiscal year 2022, its adjusted net trading revenue reached £221.7 million.

Earlier this year, IG completed the acquisition of tastytrade, thus bolstering its derivatives trading services in the United States market.