**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 ยฃ270.7 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 ยฃ270.7 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 ยฃ7.5 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 ยฃ1,100 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 ยฃ75 million to ยฃ200 million.
5. **Acquisitions and Integration**
Freetrade integration progressing well, with assets under administration reaching ยฃ3.3 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 ยฃ200 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.
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### Notes:
1. **Debt Information**: The provided text does not include specific debt figures, so the table focuses on revenue and income metrics.
2. **nm**: Indicates "not meaningful" due to the absence of a comparable figure or significant change.
3. **YoY**: Year-over-Year change.
4. **QoQ**: Quarter-over-Quarter change. If debt figures were available, they would be included in a similar format. Let me know if you need further adjustments!