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IG battles European decline

IG battles European decline

Newly appointed IG (IGG) chief executive June Felix is hoping 2019 will mark a trough for the spread-betting specialist’s trading performance, as the company battles to offset tighter European restrictions on the sale of contracts for difference (CFD) products to retail investors. As expected, a 17 per cent decline in net trading revenue within the European Securities and Markets Authority (ESMA) regions weighed on group trading during the first-half.

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