IG Group full-year profit dented by Swiss franc incident

IG Group posted a 13% drop in full-year pre-tax profit, as online trading company took a hit from the surge in the Swiss franc in January when the Swiss National Bank announced without notice that it was ceasing intervention in the franc exchange rate. For the year ended 31 May, pre-tax profit was down to A 169.5m from 194.9m last year.