IG GROUP HOLDINGS

IG Group reported much weaker third-quarter revenue of around £240 million, missing expectations by about 23% according to RBC. The stock fell more than 20% in London, marking its biggest drop in almost a decade. The weak numbers also dragged down rivals such as CMC Markets (around -10%) and flatexDEGIRO (around -2.5%). » More on finanzen.net

IG Group reached an agreement on 30 July 2026 to acquire US operator Underdog (daily fantasy sports and prediction markets), subject to regulatory approvals. On 8 October 2026 IG will host a virtual seminar for institutional investors and analysts, where Jeremy Levine (co‑founder and CEO of Underdog) as well as IG CEO Breon Corcoran and CFO Clifford Abrahams will present the strategy, product offering and operational setup. IG also plans a strategy update at UBS in London on 22 October to outline capital allocation and the outlook for the enlarged group after the acquisition. » More on de.investing.com

Shareholders of IG Group voted in favor of a restructuring that envisages Jenkins Topco plc as the new ultimate parent company, which will be renamed IG Group Holdings plc. The new holding is to have its registered office in Jersey but will remain tax resident in the UK. At meetings in London, the court-approved scheme of arrangement and seven special resolutions were passed with around 99% approval; the delisting received 97.79% approval. Completion of the transaction remains subject to approval by the High Court of Justice in England and Wales, with a hearing expected in Q4 2026. » More on de.investing.com