IG share price steady as it prepares for revenue hit after ESMA ruling

Spread betting and CFD broker IG Group expects revenues to be down and bonuses to be hit this year as the spread betting industry readies itself for an imminent crackdown from European regulators.

However, it said the firm had continued to perform well in the final quarter of the 2018 financial year with a 15% rise in net trading revenue.

Tom Cropper is a financial journalist with work which has appeared in titles such as the Guardian, Euromoney and many others.