IG Group Holdings Plc issues a pre-close trading update

  • Dec 05, 2019 GMT
  • Team Kalkine
  • Net trading revenue in 1H FY 20 is expected to be around £250 million
  • Revenue in the company’s core markets is expected to be £210 million
  • The company’s core business served around 78,500 OTC leveraged clients per quarter in the core markets in H1 FY20.
  • Revenues in identified significant opportunities in 1H FY 20 are expected to be around £40 million

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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