IG Group Holdings issued an update on the final quarter of its financial year ending 31 May 2020 (Q4 FY20).

The company has observed exceptionally high volatility since the last week of February, creating market opportunities which its clients have responded to. Client trading volumes have risen exceptionally high and as a result the company’s revenue, driven by client transaction fees, has also been high.

The fluctuation in the market has persisted through March and April and the firm has seen continual high levels of trading activity and growth in the active clients’ numbers.

The first 36 trading days of the 61 in Q4 FY20 brought estimated revenue of around £173 million. In comparison, the revenue in Q3 FY20 was £139.8 million, and revenue in H1 FY20 was £249.9 million.

IG CEO, June Felix, said: During such a prolonged period of volatility, we’ve seen high volumes of clients choosing to trade markets with IG, reflecting our business resilience, our robust systems and our commitment to delivering the best possible trading experience.

We are encouraged with the resilience and performance of our employees in such challenging times for everyone. The IG Brighter Future Fund builds on our culture of supporting the local communities in which we operate, helping disadvantaged young people gain access to improved educational opportunities. We are thrilled to be able to build on our partnership with Teach First and forge ties with other new international partners to support the long-term education needs of children living through such an unsettling period.