Non-independent research

The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. The research does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. We aim to establish and maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence which requires our employees to act in our clients’ best interests and to disregard any conflicts of interests in providing our services. Furthermore, IG does not seek to disclose the relevant information to any issuer discussed prior to dissemination. The organisational and administrative controls mentioned herein are set out in our Conflicts Policy, a summary of which (our Summary Conflicts Policy) is available on our website.

This information has been prepared by IG. IG is a trading name of IG Markets Ltd and IG Markets South Africa Limited. International accounts are offered by IG Markets Limited in the UK (FCA Number 195355), a juristic representative of IG Markets South Africa Limited (FSP No 41393).  South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.

IG provides execution only services and enters into principal to principal transactions with its clients on IG’s prices. Such trades are not on exchange. Whilst IG is a regulated FSP (number 41393), CFDs with IG are not regulated by the FAIS Act and IG does not provide advisory or intermediary services.

CFDs are a leveraged product and can result in losses that exceed your deposits. Trading CFDs may not be suitable for everyone, so please ensure that you fully understand the risks involved.

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