Up 53% in a year, why is this ASX 200 financial stock leaping higher again today?

S&P/ASX 200 Index (ASX: XJO) financial stock Insignia Financial Ltd (ASX: IFL) is charging higher today.

Insignia shares closed yesterday trading for $3.56. In late morning trade on Wednesday, shares are changing hands for $3.67 apiece, up 3.1%.

For some context, the…