Electronic trading major IG Group Holdings plc (LON:IGG) today announced its results for the six months ended 30 November 2022 (H1 FY23).
On a statutory basis, net trading revenue from continuing operations was £494.9 million, up 5% on H1 FY22. The Group’s total revenue, which includes interest income, was £519.1 million, up 10%, reflecting the increasing interest rates during the period.
Statutory operating costs were £279.9 million, 25% higher than H1 FY22. The Group’s statutory profit before tax for H1 FY23 was £240.5 million, down 2% on H1 FY22.
Net trading revenue from OTC derivatives…
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