IG Group Holdings plc ("IG", "the Group", "the Company"), a global leader in online trading, today issues an update on its revenue for the three months to 31 August 2018, the first quarter of its FY19 financial year. The trends and figures highlighted below refer to this period and the corresponding period last year.
Revenue was £128.9m in the first quarter of FY19, 5% lower than in the same period in the prior year, which was a record quarter. The heightened level of volatility in financial markets and client activity experienced in FY18 have not continued into FY19.
The table below sets out revenue and key performance indicators by reporting segment. This period reflects the ESMA prohibition on offering binary options to retail clients from 2 July and the measures relating to the provision of CFDs to retail clients from 1 August:
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