IG Group Holdings CEOBreon Corcoran purchased 70,000 ordinary shares for approximately £661,913across two transactions last Friday and yesterday, according to a regulatoryfiling published today (Tuesday).London's trading industry is coming home!The purchases follow asharp fall in IG's share price earlier this month. FinanceMagnates reported on 7 October that the shares fell by as much as 27% inearly trading on 2 October after the broker lowered its revenue growth outlookfor 2026. Corcoran bought 30,000shares last Friday at £9.45 each, paying £283,500. Yesterday, he bought afurther 40,000 shares at an average price of £9.460325, for approximately£378,413. Both transactions were executed on the London Stock Exchange.CFO Also BuysSharesSeparately, IG GroupChief Financial Officer Clifford Abrahams bought 10,000 ordinary shares lastFriday at £9.43991 each, paying £94,399.10. His transaction was also executedon the London Stock Exchange and disclosed yesterday.The two executivesbought a combined 80,000 ordinary shares for approximately £756,312. Theregulatory filings disclose the transaction dates, share volumes and prices butdo not state the reasons for the purchases.IG Combines TradingServices, Targets Prediction MarketsBeyond the sharepurchases, IG has been expanding its product offering. In September, itlaunched a mobile app combining investing and cryptocurrency accounts, withplans to integrate spread betting and CFD trading.In October, Corcorandiscussed IG's planned $1.1 billion acquisition of US prediction marketsoperator Underdog. He questioned the value of notionaltrading volumes reported by prediction markets, arguing that net gamingrevenue provides a more meaningful measure of performance. Underdog reportedthird-quarter net revenue of $105 million, up 118% year-on-year.IG has also appliedfor a UKgambling licence to offer prediction markets on political, sporting andentertainment events, with a launch targeted for early 2027, subject toregulatory approval. The company plans to offer financial event contracts toprofessional clients in the fourth quarter of 2026.This article was written by Tareq Sikder at www.financemagnates.com.