YOLO traders on both sides of the Atlantic buoy this financial-services provider's stock

Dow Jones
12/16

MW YOLO traders on both sides of the Atlantic buoy this financial-services provider's stock

By Steve Goldstein

Market enthusiasm has boosted shares of IG Group.

IG Group's stock rallied by the third-highest percentage of the year on Tuesday after revealing strong demand from U.S. options traders as well as an acquired platform targeting retail investors in the U.K.

Shares of IG Group (UK:IGG) rose 6% after reporting 29% net trading revenue growth in the quarter ending Nov. 30, thanks to a 51% surge from Tastytrade, the Chicago options platform.

Retail investors have been driving record volumes in the options market that had previously been led by institutions.

IG also reported strong demand from Freetrade, a U.K. retail platform it bought last year for GBP160 million, where assets under management grew 36% to GBP3.3 billion and net trading revenue improved by 32%.

Even with a soft December, net trading revenue for the year is expected to be approximately GBP565 million, up 7%, and total revenue will be GBP1.1 billion, up 5%.

IG Group said it would increase marketing investment next year to accelerate long-term growth, but it is confident that it will meet market expectations on earnings. It expects revenue growth around the midpoint of mid-to-high single digits and extended its GBP125 million stock buyback by another GBP75 million.

-Steve Goldstein

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(END) Dow Jones Newswires

December 16, 2025 07:22 ET (12:22 GMT)

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