IG Group sharply lowered its 2026 revenue guidance, and its shares fell 27% in early European trading to 936.78 pence, the lowest since April 2025. According to Sina Finance, the British online trading platform now expects third-quarter revenue to fall 14% year on year, while OTC business revenue retention in the quarter was about 70% versus an average of 80% since the second half of 2025.

RBC Capital Markets analyst Ben Bathurst said the weaker retention rate was linked to the company’s recent decision to reduce hedging of its OTC book. IG Group also said one-off costs in 2026 related to its move to Jersey and business restructuring would total about 30 million pounds, including 16.4 million pounds already incurred in the first half.