IG Group (LON: IGG) recently revealed its financials and other key metrics for the three months ending 30 November 2025. Although the main focus of the quarterly update was the 29 per cent year-on-year growth in trading revenue to £270.7 million, the broker also shared several other key updates.
An Extended Share Buyback Programme
The London-listed broker has extended its ongoing share buyback programme by adding a further £75 million. The £125 million buyback initiative was launched last July and has now been increased to a total of £200 million.
The buyback programme is expected to be completed by the end of March 2025.
IG also said it had already repurchased 7.6 million shares as of 12 December under the ongoing programme, at a cost of £84 million.
Read more: IG Reports £271M in Net Trading Revenue as UK and Ireland Stock Volumes Nearly Double
Raises Crypto Focus with MiCA Licence
The broker, known for its CFD and spread betting offerings, has outlined its plans in crypto over recent months. Last month, it secured a MiCA licence, which will allow it to offer crypto products across the European Union.
As FinanceMagnates.com reported earlier, IG obtained a cryptoasset licence from the UK’s Financial Conduct Authority last September. It also agreed to acquire Independent Reserve, a cryptocurrency exchange licensed in Singapore and Australia. The deal is expected to close in early 2026.
IG said the crypto licences in the UK and EU will enable it “to significantly expand its spot crypto offerings in calendar year 2026.” It also has “new propositions planned for APAC, the Middle East and Europe.”
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First Trades Up 64%
One of the metrics shared by IG is first trades, which refers to the number of new customers who place their first order on the platform.
For the latest three months, IG said new customer acquisition accelerated, with first trades up 64 per cent year on year and 18 per cent quarter on quarter. The increase, according to the company, was driven by new products and higher marketing spend.
In absolute terms, 28.2k customers executed their first trades on IG, excluding Freetrade.
The number of active customers on the platform also increased by 8 per cent to 289k.
US the Fastest-Growing Market
IG strengthened its presence in the United States in 2021 after acquiring tastytrade for $1 billion. The London-based broker said the US remains its “fastest-growing market.”
tastytrade delivered total net trading revenue of $65.3 million in the three months, representing a 51 per cent increase year on year and a 19 per cent increase quarter on quarter.
Total trading revenue from the US stood at £53.1 million, of which £3.9 million came from OTC derivatives, while the majority, £43.9 million, came from exchange-traded derivatives.
Outlook Is Strong
IG is changing its financial year. It will move away from the year ending 31 May and adopt a year ending 31 December, in line with the calendar year. This change may make year-on-year comparisons less clear in the short term.
The company expects to close the 12 months ending December with total revenue of approximately £1.1 billion, a year-on-year increase of 5 per cent, including consolidated figures from Freetrade. Group net trading revenue is forecast at around £980 million, up about 8 per cent.
However, interest income is expected to fall by more than 15 per cent to just under £120 million.
“Following strong strategic progress, IG now expects organic total revenue growth (excluding Freetrade and Independent Reserve) around the mid-point of this range in calendar year 2026, from a base of approximately £1,075 million in calendar year 2025,” the company said.
