IG Adds New Inflation Indices to Expand Its Offering

IG Group is adding new inflation indices to expand its offering of trading instruments.

The addition will allow IG's clients to get exposure to inflation all in one place. With IG, traders can take a position on the indices using spread bets and CFDs. When trading, traders will not take ownership of an asset, and will instead take a position on the price of the indices rising or falling in value.

The inflation indices contain a selection of gilt and TIPS ETFs that have a correlation with IG's 5-year UK or US inflation-linked bond yields, a commonly used benchmark for forward looking inflation expectations.

IG offers a UK Inflation Index and a US Inflation Index. Both are provided by BITA and priced according to the weight of their constituents.

In early December, IG Group announced the proposed sale of North American Derivatives Exchange, Inc. (Nadex) and Small Exchange, Inc, the latter of which the Group owns approximately 39%, to Foris DAX Markets, Inc. Additionally, the broker named Katherine Whitton as its Global Chief Marketing Officer (CMO) and a member of the Company's executive committee in November.