Brokerage firm IG Group published its financial results for the three months to the end of November on Tuesday morning.
The broker, which recently changed its financial year to fit with the calendar year, reported a 26% increase in revenues for the period compared to 2024.
They key factor driving that was an uplift to OTC trading. Revenues for the broker’s CFD and spread bet products rose to £210.9m in the three month period, up 27% on last year when the broker made £166.0m.
| Asset class | Nov 25 revenue | Nov 24 revenue | YoY Change (%) |
| OTC | £210.9m | £166.0m | 27% |
| Cash Equities | £23.0m | £9.5m | 143% |
| ETDs | £44.0m | £34.1m | 29% |
Equities trading revenues also rose substantially in percentage terms, rising from £9.5m to £23.0m, although part of that – £7.5m – came as a result of the Freetrade acquisition.
tastytrade, the broker’s US options trading firm, saw a year-on-year uplift to revenues of 29%, with options traders generating £44.0m for the brokerage group.
IG also noted that it has set up a “new divisional leadership team” to manage its US business and accelerate its growth in the country, which it said will “play an increasingly important role in the Group’s future expansion.”
The final interesting point in the results was around crypto. IG confirmed it acquired a MiCA license at the end of November, which means the broker can now offer crypto trading services to customers in the European Union.
