IG Group (LON: IGG) closed the first quarter of its financial year 2024 with a total revenue of £242.9 million that remained flat year-over-year. Although revenue from over-the-counter products, including CFDs and spreading, declined 8 percent to £182.7 million, other areas of the business dragged the number higher. According to the official numbers, between June and August, the London-headquartered broker generated £49.8 million in revenue from exchange-traded derivatives products, which is a yearly jump of 37 percent. Revenue from stock trading and investment products further jumped 61 percent to £10.4 million. ... (full story)