30 November 2016
IG GROUP HOLDINGS PLC
Pre Close Trading Update
IG Group ("IG", "the Company"), a global leader in online trading, today issues the following Trading Update for the second quarter of the financial year ending 31 May 2016, ahead of entering its close period on 1 December 2015.
IG has performed well in quieter markets over the last three months and revenue in the second quarter of the financial year will be slightly ahead of the first. Although it is too early to predict how the full year will outturn, the Company remains on track as it approaches the second half, and it is pleased with the ongoing strength in client recruitment in all of its markets and the progress it is making on delivering its strategic initiatives.
There is no conference call scheduled for today, but the Investor Relations team will be available to answer questions.
The financial results for the six months ended 30 November 2015 will be announced on Tuesday 19 January 2016. There will be a presentation for institutional investors and analysts at 9.30am (UK time) at the Group's offices at Cannon Bridge House, Dowgate Hill, London EC4R 2YA; those wishing to attend the presentation should contact Laura Ewart at laura.ewart@fticonsulting.com or on 020 3727 1160.
For further information, please contact:
IG Group
Kieran McKinney
Head of Investor Relations 020 7573 0026 investors@iggroup.com
FTI Consulting
Neil Doyle / Ed Berry 020 3727 1141 / 1046
IG is a global leader in online trading, providing fast and flexible access to over 10,000 financial markets - including shares, indices, forex, commodities and binaries.
Established in 1974 as the world's first financial spread betting firm, IG's aim is to become the default choice for active traders globally. It is an award-winning multi-platform trading company, the world's No.1 provider of CFDs* and a global leader in forex, and it now offers an execution-only stockbroking service in the UK, Ireland, Germany, Austria and the Netherlands.
It is a member of the FTSE 250, with offices across Europe, Africa, Asia-Pacific, the Middle East and the US, where it offers limited risk derivatives contracts via the Nadex brand.
*Based on revenue excluding FX, from published financial statements, September 2015.