IG Group completed the acquisition of Freetrade for £160m.

IG Group, a financial services company, completed the acquisition of Freetrade, a fast-growing, commission-free, self-directed investment platform, for £160m ($196m). "This is a rare opportunity to strengthen IG's UK trading and investments offering and broaden our target addressable market. Freetrade is one of the most successful emerging players in the UK direct-to-customer investment market, with a strong brand, highly scalable technology and delivering rapid growth. I am delighted that Viktor and his team will join IG and continue to lead Freetrade," Breon Corcoran, IG CEO.