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IG Group well placed ahead of reforms

IG Group well placed ahead of reforms

IG Group (IGG) – like its sector peers – is in damage limitation mode ahead of the introduction of restrictions on the sale of contracts for difference (CFDs) for retail clients. UK and EU clients that have signed up as elected professionals – escaping the rules – accounted for more than 40 per cent of revenue by the end of June, and that proportion is growing rapidly (the spread-betting specialist also allows affected clients to contract with other regulated group entities in jurisdictions outside the EU).

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