Statement on impact of EU Referendum vote
RNS number: 2553C
IG Group Holdings PLC
24 June 2016
Given the extremely unusual nature of the event and the significant movements in financial markets, IG Group (“IG”, “the Company”), a global leader in online trading, today issues the following update on the immediate impact of the trading around the EU Referendum.
The Company managed its operations and exposure very effectively through the night and into today. IG’s emphasis has been on assisting clients through this period of uncertainty, through measures both ahead of and during the event. The financial markets may remain unpredictable for some time to come and IG will continue to monitor and manage exposures and client positions very carefully. Although very early in the financial year, the Company is performing in line with expectations.
IG will release its financial results for the year ended 31 May 2016 on Tuesday 19 July 2016.
For further information, please contact:
Kieran McKinney Head of Investor Relations 020 7573 0026
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.