Your money is held in segregated bank accounts under trustee arrangements. This ensures that the cash remains yours, rather than IG’s. It also means that it’s easily identifiable as client money, so IG and its creditors don’t have any charge, liens, or rights of set-off or retention over it.
We have a number of segregated bank accounts at a range of authorised deposit-taking institutes (ADIs) such as the Commonwealth Bank, Westpac and HSBC. We intentionally ensure that client money is split between a number of banks, and we’re not permitted to hold it all in one place.