Pre Close Trading Update

RNS Number : 4568Q

IG Group Holdings plc

30 November 2016

 

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 2017, ahead of entering its close period.

The Company continues to perform in line with expectations, after a strong second quarter.  Higher operating costs over the first half of the financial year, due primarily to the ongoing success in effective new client recruitment, have been offset by good revenue delivery.

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 2016 will be announced on Tuesday 24 January 2017.  There will be a presentation at this time 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 Jessica Colman at [e-mail] or on 020 3727 1102.

For further information, please contact:

IG Group

Kieran McKinney
Head of Investor Relations and Corporate Affairs             020 7573 0026                    [e-mail]

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, Australia, 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, October 2016)

 

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