IG Group Set to Join FTSE 100 as easyJet May Face Removal in March Review

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IG Group Holdings is set to enter the FTSE 100 benchmark,according to indicative changes published by FTSE Russell ahead of the March2026 quarterly review.FTSE Russell said the preliminary changes are based onmarket data as of 20 February 2026. The formal review will use closing priceson 3 March. Confirmed changes are scheduled for announcement after market closeon 4 March.If confirmed, IG Group would move from the FTSE 250 into theFTSE 100 as part of the quarterly rebalance. Funds and ETFs tracking theblue-chip index would adjust portfolios to include the stock. Vehiclesbenchmarked to the FTSE 250 would remove it. Such reviews typically lead totrading activity around the effective date as passive investors realignholdings.FTSE 100 ChangesOn the indicative list, IG Group Holdings and Tritax Big BoxREIT are set for promotion to the FTSE 100. easyJet and Rightmove are listed for removal from the index. Stocks entering the FTSE 100 often see short-term liquiditygains, while deletions can face temporary selling pressure.FTSE 250 RebalancingThe review shows CVS Group, easyJet, Rightmove, and TheSchiehallion Fund as potential additions to the FTSE 250. IG Group Holdings, NCC Group, Pinewood Technologies Group,and Tritax Big Box REIT are listed for removal from the mid-cap index.FTSE Russell conducts quarterly reviews of UK indexes inMarch, June, September, and December. Constituents are determined primarily bymarket capitalisation, with automatic promotion and demotion rules designed toreduce subjectivity. Operational Changes Across Multiple Business UnitsAlongside these developments in its index standing, IG Grouphas been restructuring its operations in other regions. The broker hasclosed its South Africa office, following its exit from commercialoperations in the country nine months earlier. The firm offered local customers the option to transferaccounts to other offshore entities. The South Africa office functionedprimarily as a marketing hub, and its closure is part of broader operationaladjustments. IG also relinquished its local ODP licence, now required foroffering contracts for difference. The broker cited operational efficiency as the reason forthe closure. Interestingly, IGhas exited several other operations and investments in the recent past,including Spectrum Markets, Brightpool, Raydius, BadTrader, and Small Exchange.The firm continues to operate in other markets, includingthe UK, Germany, Australia, Bermuda, and the United States through itssubsidiary tastyfx, while exploring opportunitiesin crypto trading.This article was written by Tareq Sikder at www.financemagnates.com.