IG Group Proposes Jersey Holding Company Amid Strategic Review & Revenue Surge
IG Group's Strategic Overhaul and Financial Performance
Proposal for Jersey Holding Company
July 8 (Reuters) - Britain's IG Group on Wednesday proposed establishing a new group holding company in Jersey as the online trading platform presses ahead with a strategic overhaul aimed at unlocking shareholder value.
Shift in Revenue Sources
Global Expansion Beyond the UK
The FTSE 100 firm's Jersey plan reflects a broader shift in its business away from its British roots, with around two-thirds of revenue now generated outside the UK.
Structural Flexibility in Financial Markets
Adapting to New Trading Technologies
London-listed financial firms have increasingly sought structural flexibility to pursue growth in fast-moving global markets reshaped by new trading technologies.
Financial Highlights
Revenue and Customer Growth
IG also posted an 18% year-on-year jump in first-half revenue, with active customers increasing about 66% on a reported basis.
(Reporting by Yamini Kalia in Bengaluru; Editing by Subhranshu Sahu)





