Response to FCA and ESMA announcements
RNS Number: 5754Z
Released: 07:00 18-Dec-17
IG Group Holdings Plc
LEI No: 2138003A5Q1M7ANOUD76
18 December 2017
IG Group Holdings plc (“IG”, “the Company”), a global leader in online trading, notes that the European Securities and Markets Authority (ESMA) and the Financial Conduct Authority (FCA) have issued statements updating on their work in relation to the provision of contracts for difference (CFDs), including rolling spot forex, and binary options to retail clients.
You can read the full response here.
There was also a call on 18 December for analysts and investors at 9.30am (UK time). The call can be accessed here, along with the transcript.
For further information, please contact:
Liz Scorer 020 7573 0727
Neil Doyle / Ed Berry 020 3727 1141 / 1046
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under Article 17 of the Market Abuse Regulation ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
IG empowers informed, decisive, adventurous people to access opportunities in over 15,000 financial markets. With a strong focus on innovation and technology, the company puts client needs at the heart of everything it does.
IG’s vision is to be a global leader in retail trading and investments. Established in 1974 as the world’s first financial spread betting firm, it continued leading the way by launching the world’s first online and iPhone trading services.
IG is now an award-winning, multi-platform trading company, the world’s No.1 provider of CFDs* and a global leader in forex. It provides leveraged services with the option of limited-risk guarantees, and offers an execution-only share dealing service in the UK, Australia, Germany, France, Ireland, Austria and the Netherlands. IG has recently launched a range of affordable, fully managed investment portfolios, to provide a comprehensive offering to investors and active traders.
It is a member of the FTSE 250, with offices across Europe, including a Swiss bank, Africa, Asia-Pacific, the Middle East and the US, where it offers on-exchange limited risk derivatives via the Nadex brand.
*Based on revenue excluding FX (from published financial statements, October 2016)