The Group is still awaiting the change of regulatory designation for Nadex, the Group's CFTC regulated exchange, which will allow it to accept clients via intermediaries. Until this change of designation is granted, the Group is incurring minimal marketing expenditure in the US.

The Group remains in discussion with the South African Reserve Bank regarding the exchange control permissions needed for it to do business in South Africa and the scope of products that these permissions will allow the Group to offer to South African residents. The previously announced acquisition of the client list and business of Ideal CFD Financial Services (Pty) Limited ("Ideal") will not complete until these discussions are satisfactorily concluded. The existing white label arrangement with Ideal will remain in place until this time.

IG said it remains difficult to predict future trends in volatility or customer reaction to changing market and economic conditions. Strong account opening and the continued development of the Group's offering leave the Group well positioned for further growth. Story provided by Business Financial Newswire