IG Group second quarter revenue to be slightly ahead of first

Spreadbetting and financial firm IG Group said revenue in the second quarter of the financial year would be slightly ahead of the first, although it is too early to predict how the full year will turn out.

In a brief trading update for the second quarter, IG said it has performed well in quieter markets over the last three months and remains on track as it approaches the second half.

IG said it was pleased with the ongoing strength in client recruitment in all of its markets and the progress it is making on delivering its strategic initiatives.