The program will run through June 2025 with the authority to purchase up to 28.9 million shares.
Two weeks ago, the company reported a total revenue of £522.5 million for H1 2025.
IG Group
Holdings plc (LSEG: IGG) announced today (Monday) the commencement of the third
tranche of its share buyback program, allocating up to £50 million for capital
reduction purposes.
IG Group Launches £50
Million Third Tranche of Share Buyback Program
This latest
initiative follows the company's initial £150 million program announcement
in July 2024 and a £50 million extension revealed in January 2025.
The buyback
will operate within the parameters approved at IG Group's September 2024 annual
general meeting, with a maximum of 28,922,621 shares available for purchase
under this tranche.
IG’s
previous share buyback program of this size began
in late 2023 and concluded at the end of July 2024, successfully
repurchasing £150 million worth of shares. Following that outcome, the company
decided to initiate another program of the same magnitude.
IG Group,
which provides trading access to approximately 19,000 financial markets
worldwide, recently also announced results for the first half of fiscal 2025,
ending on November 30, 2023. The company reported total revenue of £522.5
million and net trading volume of £451.7 million.
Breon Corcoran, CEO, IG Group, Source: LinkedIn
“Our focus remains on executing against the priorities we outlined in July 2024, which are to improve our product, embed a high-performance culture across the business, and enhance efficiency,” said Breon Corcoran, IG Group’s CEO. “Current trading has been satisfactory, and we remain confident of meeting consensus revenue and profit before tax expectations in FY25.”
APAC Revenue Challenges UK Dominance
The report also
indicated that the company now earns more over-the-counter (OTC) revenue from
the APAC and Middle East regions than from its domestic market in the UK and
Ireland.
Interim
results showed that the London-listed broker has reorganized its operations
into five geographically defined divisions: UK and Ireland, APAC and Middle
East, United States, Europe, and Institutional and Emerging Markets.
The UK and
Ireland division reported total revenue of £138.3 million, reflecting an 11%
increase compared to the previous year. APAC and the Middle East emerged as the
company’s second-largest market, contributing £131.4 million in total revenue.
However, when focusing on OTC revenue, APAC and the Middle East outpaced the UK
and Ireland, generating £129.2 million compared to £127.4 million.
IG Group
Holdings plc (LSEG: IGG) announced today (Monday) the commencement of the third
tranche of its share buyback program, allocating up to £50 million for capital
reduction purposes.
IG Group Launches £50
Million Third Tranche of Share Buyback Program
This latest
initiative follows the company's initial £150 million program announcement
in July 2024 and a £50 million extension revealed in January 2025.
The buyback
will operate within the parameters approved at IG Group's September 2024 annual
general meeting, with a maximum of 28,922,621 shares available for purchase
under this tranche.
IG’s
previous share buyback program of this size began
in late 2023 and concluded at the end of July 2024, successfully
repurchasing £150 million worth of shares. Following that outcome, the company
decided to initiate another program of the same magnitude.
IG Group,
which provides trading access to approximately 19,000 financial markets
worldwide, recently also announced results for the first half of fiscal 2025,
ending on November 30, 2023. The company reported total revenue of £522.5
million and net trading volume of £451.7 million.
Breon Corcoran, CEO, IG Group, Source: LinkedIn
“Our focus remains on executing against the priorities we outlined in July 2024, which are to improve our product, embed a high-performance culture across the business, and enhance efficiency,” said Breon Corcoran, IG Group’s CEO. “Current trading has been satisfactory, and we remain confident of meeting consensus revenue and profit before tax expectations in FY25.”
APAC Revenue Challenges UK Dominance
The report also
indicated that the company now earns more over-the-counter (OTC) revenue from
the APAC and Middle East regions than from its domestic market in the UK and
Ireland.
Interim
results showed that the London-listed broker has reorganized its operations
into five geographically defined divisions: UK and Ireland, APAC and Middle
East, United States, Europe, and Institutional and Emerging Markets.
The UK and
Ireland division reported total revenue of £138.3 million, reflecting an 11%
increase compared to the previous year. APAC and the Middle East emerged as the
company’s second-largest market, contributing £131.4 million in total revenue.
However, when focusing on OTC revenue, APAC and the Middle East outpaced the UK
and Ireland, generating £129.2 million compared to £127.4 million.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
IG Group Expects About £300 Million Revenue in Q1 2026
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
