Half Year Results 

IG Group hones client focus

IG Group hones client focus

The European Securities and Markets Authority (ESMA) – and by extension the Financial Conduct Authority (FCA) – may yet be to finalise its rules around contracts for difference (CFD) for retail clients, but IG Group (IGG) is trying to get ahead of the game. During the first half, it introduced an online process allowing its clients to apply for professional status. Applicants must pass two of the three hurdles – have traded at least 40 times during the past year, investableassets (excluding property) of €0.5m (£0.44m), and at least one year’s experience working in a relevant area of financial services.

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