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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. IG Group plc is a British-based company trading in financial derivatives and sports betting. While the majority of the company's activities are based in the UK the company has also expanded internationally. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company was founded by Stuart Wheeler in 1974 as a spread betting business under the name IG Index. In 1982 it started to offer bets on FT 30 companies and in 1995 on all publicly-traded companies. In July 2000, shares in the newly named IG Group plc were first listed on the London Stock Exchange. In July 2002, IG Group commenced trading in Australia after a change in the country's financial services legislation made it possible to offer Contracts for Difference to Australian residents