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IG Group offers first retail IPO on its Investment Platform

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

This latest development of IG’s Investment Platform allows investors to subscribe to upcoming IPOs and placings via their IG share dealing account or share dealing ISA.

IG Group, a global leader in online trading and investing, is offering access to retail IPOs on its Investment Platform for the first time. IG launched the service today, with applications now open for the Global Ports Holding IPO.

This latest development of IG’s Investment Platform allows investors to subscribe to upcoming IPOs and placings via their IG share dealing account or share dealing ISA. As IG’s platform does not charge a platform fee, taking part in these offers is low cost with only a dealing charge, starting at £5, when you sell.

Global Ports Holding is the world’s largest cruise port operator. Established in 2004, Global Ports Holding today operates 14 ports in eight countries around the world, providing services to over 7.5 million passengers.

The development marks another important addition to IG’s Investment offering, alongside the recent addition of its ready-made diversified Portfolios offering, IG Smart Portfolios, in partnership with BlackRock.

Peter Hetherington, CEO of IG Group, comments, “The addition of IPOs is further proof of our commitment to Investments and another important step in the development of our offering. We actively encourage feedback from our customers and they told us they wanted access to retail IPOs on our award winning platform. I believe our customers will see this as a further reason to continue to invest and trade with IG.”

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