Breaking: IG Group Reports Q1 Figures, APAC Revenues Surpass EMEA

[kreslik.news]

IG Group is the first brokerage company which is reporting financials in the aftermath of the ESMA’s new regulations. The company published today an interim report via the London Stock Exchange. The release underlines some key performance indicators (KPIs) for the retail brokerage.

Revenues declined 5 percent year-on-year in the quarter that ended on the 31st of August 2018. The company booked £128.9 million ($169.4 million) as the numbers from the EU and the UK have impacted the top line materially.

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After only one month of new ESMA regulations the firm’s UK and EMEA performance ... (read more)