IG Group with a record net trading revenue of £259 million in Q4 FY20

UK online trading leader IG Group Holdings plc has today released its trading update for the fourth quarter of its FY20 financial year and its financial year ending 31 May 2020 (FY20), ahead of entering its close period.

Back in April, IG Group issued a trading update which noted that quarter to date net trading revenue was estimated to be around £173 million. Financial market volatility has remained elevated and the broker has continued to see high levels of client trading activity.

IG Group office

Net trading revenue in Q4 FY20 is now estimated to be approximately £259 million (Q4 FY19: £117.9 million), with full year net trading revenue anticipated to be approximately £649 million (FY19: £476.9 million).

IG Group will announce its full year results for FY20 on 23 July 2020.

Read more:

Read Also: