IG Group increases risk; staff morale falls, CEO paid £1.4m

IG Group, the London-listed online trading firm, reported higher risk exposure, slipping staff morale and £1.4 million in total pay for its chief executive covering seven months.

Recent investor filings show the metrics used to monitor trading and balance-sheet exposure rose during the period under review. The company did not identify which business lines contributed to the increase or provide detailed figures in the summary statements.

Internal workforce measures recorded weaker engagement and lower satisfaction compared with previous reporting periods. Human resources indicators and employee feedback scores declined, and the filings show management is addressing workforce issues as part of ongoing activity. No timetable for specific remedial actions was included.

The single-figure total for the chief executive's pay was £1.4 million for seven months of service. The summary disclosures did not break that amount into base salary, bonuses or other benefits. The seven-month period corresponds to the firm's interim reporting cycle rather than a full financial year.

Weakened morale was reported alongside operational updates that referenced changes in trading conditions and internal processes. The company did not provide a timetable or detailed plans to restore engagement levels in the summary materials.

IG Group offers online trading services, including contracts for difference and spread betting, and is listed on the London Stock Exchange. The company's latest filings and investor communications are the source for the figures on risk, morale and executive pay.

Investors will look for further detail in upcoming full-year results and regulatory filings, including how risk exposure is quantified, whether executive remuneration will be split out, and what actions management will take on employee engagement.