IG Group Shares Decline on Weaker OTC Retention, Q3 Revenue Outlook

By EC Assets · Published 2 October 2026

IG Group Holdings Plc shares fell significantly as the company anticipates lower revenue for its third quarter. The online trading platform expects reduced performance driven by weaker over-the-counter (OTC) retention. Shares of IG Group plunged 27% on the news. The company's third-quarter revenue projection marks a downturn in its financial outlook. Weaker OTC retention directly impacts the revenue streams for online trading platforms. IG Group operates in the British online trading sector. In contrast, OTC Markets Group recently reported strong financial results for its second quarter of 2026. Gross and net revenue for OTC Markets Group increased by 14%. The company's operating income rose 19% to $10.5 million. Net income for OTC Markets Group increased 17% to $8.6 million. Diluted GAAP earnings also saw a rise. OTC Markets Group's robust second-quarter 2026 performance exceeded revenue and EPS expectations. This growth was driven by strong OTC trading volumes and corporate service expansion. The company's business model appears well-positioned in the current market. Fixed-income markets are currently offering investors higher returns for taking on risks. This contrasts with previous years. However, these opportunities are not uniform across the market. Hyperscalers are issuing significant debt to fund substantial spending. This activity is making them akin to sovereign entities in the fixed-income markets. Last week, most major U.S. and foreign stock indexes recorded positive performance. The Russell 2000 small-cap index was an exception, declining 0.79%. U.S. job growth is expected to decelerate in September. The unemployment rate is likely to remain stable. Investors will monitor IG Group's future reports for further details on its financial performance and strategies to address OTC retention. The broader market will continue to assess trends in trading volumes and fixed-income opportunities. This article is intended for informational purposes only. It does not constitute investment advice.