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IG Group reports steep rise in revenues, active client numbers in FY21

From fxnewsgroup.com

Electronic trading major IG Group Holdings plc (LON:IGG) has just reported a set of solid results for the financial year ended 31 May 2021. Net trading revenue for FY21 was up 31% year-on-year to £853.4 million (FY20: £649.2 million). Excluding one-time hedging costs associated with the financing of the tastytrade acquisition, adjusted net trading revenue was £861.3 million. Total active clients rose 31% to 313,300 (FY20: 239,600) and new clients onboarded rose 39% to 134,800 (FY20: 96,900). IG now services a substantially larger client base going into FY22. FY21 OTC leveraged revenue was £798.2 million, 29% higher ... (full story)

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  • Category: Energy Trading News