Statement on slavery and human trafficking

This statement is made pursuant to Section 54, Part 6 of the Modern Slavery Act 2015 (the “Act”) and has been adopted by IG Group Holdings Plc and all its subsidiaries, associated entities and branch offices ("IG Group") as our statement on slavery and human trafficking for the financial year ending 31 May 2016. 

This antislavery statement (the “Statement”) sets out our approach for ensuring that we have effective systems and controls implemented to prevent modern slavery taking place in our business or in any of our supply chains.

The Act creates offences in respect of slavery, servitude, forced or compulsory labour and human trafficking. We are committed to combatting all such forms of modern slavery and carrying out our business in a fair, honest, ethical and open manner. We have reviewed our business and supply chain. Neither we nor, to the best of our knowledge, our supply chain make use of any form of modern slavery.

Our business

IG Group is a global leader in online trading, providing fast and flexible access to over 15,000 financial markets – including shares, indices, forex, commodities and digital 100s. 

Established in 1974 as the world’s first financial spread betting firm, IG Group’s aim is to become the default choice for active traders globally. It is an award-winning multiplatform trading company, the world’s No.1 provider of CFDs (based on revenue excluding FX, from published financial statements, September 2015) and a global leader in forex, and it now offers an execution-only stockbroking service in the UK, Ireland, Germany, Austria, Australia and the Netherlands. 

IG Group 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.

Our supply chain

Given the nature of IG Group’s business, the risk of modern slavery in our supply chain is low. However, we are not complacent and take active steps to prevent suppliers, agents, consultants and contractors throughout our supply chain from engaging in modern slavery. Suppliers that we most commonly contract with are for operations and information technology contracts. These suppliers are required to endorse and adhere to our vendor management framework. The vendor management framework includes a statement that the supplier complies with the Act.

We will not support or do business knowingly with a company involved in slavery or human trafficking.

Our employees

Our employees are subject to and benefit from a wide range of polices including a disciplinary and grievance policy, a non-discrimination policy, a remuneration policy and numerous compliance policies. The policies and frameworks that we have in place limit the risk of modern slavery in the workplace and encourage all staff to work ethically.

We also operate a global whistleblowing policy to provide the ability for employees to raise any concerns they have in the workplace and for those concerns to be investigated.

Annual review

IG Group will conduct an annual review of this Statement.

Approved by the Board of Directors of IG Group Holdings Plc on 21 September 2016.
Peter Hetherington
Chief Executive Officer
IG Group Holdings Plc

You can access a PDF of the statement here.