- Broking house IG Group said there were no surprises in a consultation paper released on Friday by UK regulators regarding a tightening of trading rules.

The Financial Conduct Authority had released a consultation on restricting contract for difference products sold to retail clients, plus a discussion about other retail derivative products.

'The FCA's proposals have been anticipated by the company, and do not change the company's expectations on performance or group revenue,' IG Group said.

'IG continues to be supportive of the objective of regulators to improve client outcomes in this industry and will continue to engage fully with regulators.'

'In IG's experience, when proportionate regulation has been applied consistently and appropriately, client outcomes have improved, and compliant providers have benefitted over the longer term.'

At 1:40pm: [LON:IGG] IG Group Holdings PLC share price was +4.5p at 559p

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