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Trading statements

IG Group revenues fall

23 March 2017 07:33

IG Group revenues fell to £117.4m in the three months to the end of February - down 3.8% on on what was the strongest quarter of the prior year.

The group said active client numbers were ahead by 13%, driven by ongoing success in online marketing, with new first trades in the period over 20% higher than the prior year.

Revenue per client was down by 15%, with current clients trading less often in the quiet period and the continued growth in the non-leveraged business and Nadex, where average revenue per client was significantly lower.

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Related Company: IGG

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