IG Group trading update: Fourth quater looking strong, progress includes Dubai license approval

IG Group Holdings plc (LON:IGG) has today issued a trading update for the fourth quarter of the financial year ending 31 May 2015, ahead of entering its close period on 1 June 2015.

The trading update states that as the company approaches the end of a solid fourth quarter, it remains on track to deliver against full year financial expectations. Importantly, IG Group also made good strategic progress over the period, extending its stockbroking offering into the Netherlands and receiving approval in-principle of its regulatory licence in Dubai towards the end of May, which should enable full authorization and the opening of its office there in the coming weeks.

There is no conference call scheduled for today, but the company has confirmed that its Investor Relations team will be available to answer questions, full details of which can be obtained by clicking here.

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