IG Groupasked shareholders to approve a new parent company based in Jersey, a move theFTSE 100 trading firm says will give it more room to maneuver as it weighsbigger changes to its shape and where its shares trade. Theproposal came today (Wednesday) alongside a trading update showing revenue forthe six months through June rose about 18% to roughly £643 million.Bothannouncements flow from the strategic review IG launched inMarch, which isstill running and is due to report back in the autumn.Jersey Structure AddsOptions IG Says It Won't Use YetUnder theplan, IG Group Holdings would sit beneath a new Jersey-incorporated holdingcompany, with investors swapping their existing shares one-for-one. Thereshuffle would run through a court-approved scheme of arrangement and needssign-off from the Financial Conduct Authority and other regulators. IG expectsit to take effect in the final quarter of 2026, with a shareholder circular duein the third.The companywas at pains to stress what would not change. Its shares would stay on theLondon Stock Exchange and keep their index eligibility, the group would remainUK tax resident with no change to its effective tax rate, and its Londonoffices and employees would carry on as before.[#highlighted-links#] IG said thenew structure would give it greater financial flexibility and better reflect abusiness that now earns around two-thirds of its revenue outside the UK.What thefirm did not spell out is where that flexibility might lead. A Jersey topco isa common step for London-listed companies that later want to shift theirprimary listing or pursue deals, and IG has already floated both. Bloombergreported in March that the group was weighing a move to New York, and Wednesday's statement againlisted potential changes to its listing venues and "combinations of partsof the Group with other industry participants" as options on the table.London's Listed BrokersWeigh Where to TradeIG is notalone in fielding questions about its listing and valuation. Plus500, itsclosest London-listed peer, publicly explored a US listing as far back as 2023and has leaned on capital returns to keep shareholders onside, running a $100million buyback this year as it told investors 2026 revenue and EBITDA wouldcome in above market forecasts.CMC Marketshas taken a similar route, funding repeated buybacks while pushing beyondcontracts for difference into stockbroking and other non-OTC lines. Thatexpansion into cash equities and investing has become a shared theme across thecohort, with both Plus500 and IG chasing USfutures revenuethrough acquisitions rather than building from scratch.Regional Divisions Foldinto One Consumer UnitIG is alsoredrawing its org chart. Three regional arms covering the UK and Ireland,Europe, and Asia-Pacific and the Middle East will merge into a single consumerdivision led by Michael Healy, who becomes CEO of IG Consumer. Customer-facingtechnology, operations and the recently acquired crypto exchange IndependentReserve fold into that unit, as does the neobroker Freetrade.NorthAmerica and the institutional business stay separate. Michael Vaughan keeps hisrole running IG North America, while Andy Biggs takes over a rebrandedinstitutional arm as CEO of IG Securities. The changestake effect in the second half of 2026, and IG said its reporting format forthe current half is unchanged.Thereshuffle follows an annual report that flagged risingstaff turnover and negative morale scores even as revenue hit records, a gap betweenmanagement's high-performance framing and colleague sentiment that IG has saidit is tracking through monthly surveys.Reported Growth OutpacesOrganic GainsThe tradingupdate carried the sort of headline growth rates that reward a closer look.First trades jumped about 107% on a reported basis, but stripped ofacquisitions the organic figure was 74%. The spreadwas wider for customers: active customer numbers rose roughly 66% as reported,and just 13% organically, a reminder that much of the top-line momentum came frombolting on Freetrade and Independent Reserve rather than from IG's existingplatforms.The groupreiterated the full-year guidance it upgraded in May, when first-quarter organic revenueclimbed 19%. It stillexpects organic revenue excluding Freetrade and Independent Reserve to grow 10%to 15% this year off a 2025 base of about £1.1 billion, with EBITDA margins inthe mid-40s percent range and net interest income of £110 million to £120million. Fullinterim results, and any more detail on the Jersey plan, are due on July 31.This article was written by Damian Chmiel at www.financemagnates.com.