**Summary of IG Group Holdings plc Trading Update (16 December 2025):**
IG Group Holdings plc reported strong performance in the quarter ended 30 November 2025, with organic trading revenue up 29% year-on-year to £270.7 million, driven by double-digit new customer growth and high single-digit active customer growth. The company accelerated its guidance, expecting revenue growth around the mid-point of its mid-to-high single-digit range in 2026, ahead of schedule. Key highlights include
1. **Revenue Growth**
Net trading revenue increased 29% to £270.7 million, with broad-based growth across all major product categories.
The United States remained the fastest-growing market, with tastytrade revenue up 51% to $65.3 million.
Freetrade, acquired in April 2025, contributed £7.5 million in net trading revenue, up 16% quarter-on-quarter.
2. **Customer Metrics**
First trades surged 64% organically, supported by new products and increased marketing.
Active customers grew 8% organicallywith stable retention rates.
3. **Strategic Initiatives**
Launched 24/5 trading, pre-IPO markets, and improved professional client offerings.
Expanded zero-commission stock trading to Ireland, Singapore, and France.
Secured cryptoasset licenses in the UK and EU, enabling expanded spot crypto offerings in 2026.
4. **Financial Outlook**
Expects total revenue of approximately £1,100 million for 2025, up 5% year-on-year.
Confident of meeting market expectations for EBITDA and cash EPS in 2026.
Extended share buyback program by £75 million to £200 million.
5. **Acquisitions and Integration**
Freetrade integration progressing well, with assets under administration reaching £3.3 billion.
Proposed acquisition of Independent Reserve on track to complete in early 2026.
6. **Dividend and Shareholder Returns**
Final dividend for the transitional seven-month period ending 31 December 2025 expected in line with policy.
Share buyback program extended to £200 million, with completion by 31 March 2026.
CEO Breon Corcoran expressed confidence in achieving medium-term revenue growth targets ahead of schedule, driven by strategic initiatives and strong momentum. The company remains focused on expanding its global footprint and enhancing product offerings to drive long-term growth.