Financial and Business News

IG Group Weighs Move from London to Wall Street: Report

Thursday, 19/03/2026 | 16:01 GMT by Jared Kirui
  • According to Bloomberg, the group is considering shifting its listing from London to New York.
  • Plus500 and CMC Markets are also eyeing growth in the U.S., although they have not moved their listings.
Wall Street

IG Group Holdings is considering a move from London to New York in an effort to expand its presence in one of the world’s largest financial markets. The online trading firm confirmed it is reviewing its listing venue, legal base, and potential acquisition options as part of a wider growth plan.

Chief Financial Officer Clifford Abrahams told Bloomberg that a potential U.S. listing could help IG strengthen its position among peers, attract new investors, and create a wider pool for deals. He added that the decision could also benefit staff through greater access to global capital markets.

Thursday's financial reports hinted at this move. It noted that IG’s board is running a wide-ranging review of big strategic options. It will look at buying other companies to speed up growth, changing where the group is legally based and where its shares trade to free up capital and give it more flexibility.

Following a Growing Trend

If IG proceeds, it will join a series of UK-listed companies relocating to Wall Street. Wise announced plans to establish a primary listing in the US last year, while maintaining its UK presence. Despite preparing to join the FTSE 100 this month, IG seems to be targeting long-term competitiveness as valuations and liquidity in the U.S. market continue to attract global firms.

Commenting about the move, IG spokesperson told Finance Magnates: “The strategic review is focused on maximizing shareholder value. It would be premature to speculate about a potential change of listing venue, and whether this is an appropriate course of action. The UK remains a substantial and growing market for IG.”

The review also sits within a wider shift among CFD-focused brokers that increasingly look to the US for growth, even if they stop short of moving their listing. Plus500 has spent recent years building a sizeable US futures and prediction-markets arm and now presents the US as a core expansion pillar, while keeping its shares traded in London.

Join the inaugural Finance Magnates Singapore Summit 2026, which will bring together brokers, fintechs, banks, EMIs, wealth managers, and hedge funds across APAC.

CMC Markets, meanwhile, has leaned into a multi-asset , multi-region strategy with growing institutional and non-CFD revenue, but likewise maintains a UK listing.

Nonetheless, IG is registering impressive growth. It delivered record revenue last year but saw profitability come under pressure amid funding costs and heavier investment diluted margins.

Related: IG Group Posts Record £1.12bn Revenue, Launches Strategic Review as Customer Growth Accelerates

Total revenue for the calendar year rose 7% to £1,123.4 million, supported by a 10% jump in net trading revenue to £1,004.6 million, while net interest income fell 16% to £118.8 million as lower benchmark rates reduced returns on client cash and more benefit passed through to customers.

Record Revenue in 2025, but Margins Narrow

Additionally, EBITDA increased 1% to £531.1 million, but the EBITDA margin declined from 49.9% to 47.3%, reflecting a deliberate shift in the business model toward trading and fee income and higher operating spend.

Adjusted EPS rose 5% to 115.3 pence, helped by ongoing share buybacks that have cut the share count by over 16% since May 2022. Basic EPS jumped 29% to 130 pence, boosted by a one-off £76.0 million gain from the sale of Small Exchange to Kraken.

Meanwhile, IG recently resolved its long-running search for a new Chair by naming Andrew Barron as Chair Designate and Non-Executive Director. He is replacing outgoing Chair Mike McTighe once regulatory approvals are in place.

IG Group Holdings is considering a move from London to New York in an effort to expand its presence in one of the world’s largest financial markets. The online trading firm confirmed it is reviewing its listing venue, legal base, and potential acquisition options as part of a wider growth plan.

Chief Financial Officer Clifford Abrahams told Bloomberg that a potential U.S. listing could help IG strengthen its position among peers, attract new investors, and create a wider pool for deals. He added that the decision could also benefit staff through greater access to global capital markets.

Thursday's financial reports hinted at this move. It noted that IG’s board is running a wide-ranging review of big strategic options. It will look at buying other companies to speed up growth, changing where the group is legally based and where its shares trade to free up capital and give it more flexibility.

Following a Growing Trend

If IG proceeds, it will join a series of UK-listed companies relocating to Wall Street. Wise announced plans to establish a primary listing in the US last year, while maintaining its UK presence. Despite preparing to join the FTSE 100 this month, IG seems to be targeting long-term competitiveness as valuations and liquidity in the U.S. market continue to attract global firms.

Commenting about the move, IG spokesperson told Finance Magnates: “The strategic review is focused on maximizing shareholder value. It would be premature to speculate about a potential change of listing venue, and whether this is an appropriate course of action. The UK remains a substantial and growing market for IG.”

The review also sits within a wider shift among CFD-focused brokers that increasingly look to the US for growth, even if they stop short of moving their listing. Plus500 has spent recent years building a sizeable US futures and prediction-markets arm and now presents the US as a core expansion pillar, while keeping its shares traded in London.

Join the inaugural Finance Magnates Singapore Summit 2026, which will bring together brokers, fintechs, banks, EMIs, wealth managers, and hedge funds across APAC.

CMC Markets, meanwhile, has leaned into a multi-asset , multi-region strategy with growing institutional and non-CFD revenue, but likewise maintains a UK listing.

Nonetheless, IG is registering impressive growth. It delivered record revenue last year but saw profitability come under pressure amid funding costs and heavier investment diluted margins.

Related: IG Group Posts Record £1.12bn Revenue, Launches Strategic Review as Customer Growth Accelerates

Total revenue for the calendar year rose 7% to £1,123.4 million, supported by a 10% jump in net trading revenue to £1,004.6 million, while net interest income fell 16% to £118.8 million as lower benchmark rates reduced returns on client cash and more benefit passed through to customers.

Record Revenue in 2025, but Margins Narrow

Additionally, EBITDA increased 1% to £531.1 million, but the EBITDA margin declined from 49.9% to 47.3%, reflecting a deliberate shift in the business model toward trading and fee income and higher operating spend.

Adjusted EPS rose 5% to 115.3 pence, helped by ongoing share buybacks that have cut the share count by over 16% since May 2022. Basic EPS jumped 29% to 130 pence, boosted by a one-off £76.0 million gain from the sale of Small Exchange to Kraken.

Meanwhile, IG recently resolved its long-running search for a new Chair by naming Andrew Barron as Chair Designate and Non-Executive Director. He is replacing outgoing Chair Mike McTighe once regulatory approvals are in place.

About the Author: Jared Kirui
Jared Kirui
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Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis. His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl. Education: Bachelor of Commerce degree (Finance option), University of Nairobi

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