million in revenue in the second half of 2001, nearly triple its earnings from the first half of 2000.

IG Group entered the Australian market in 2002, marking its first international expansion. In 2003, founder Stuart Wheeler sold his 23.68% stake in the company, netting £90 million. He was joined by some other major shareholders, so a total number of shares to be sold reached 30%. A management buyout backed by CVC Capital Partners