StockMarketWire.com
IG Group expects net trading revenue in the first half to be around 9% higher than a year ago.
The group said that following a strong first quarter, it continued to perform well in the second quarter.
A pre-close update said: 'Operating costs excluding variable remuneration in the first half of FY18 are expected to be around 7% lower than in the same period a year ago, primarily reflecting a lower level of advertising and marketing spend. '
IG maintains the guidance given in July that operating costs excluding variable remuneration for the full year are expected to remain at a similar level to FY17.