If IG went was liquidated what protection is there for share accounts?

[Dv8or]

What protection is in place for clients with high value share accounts with IG in the case of IG being liquidated? Are the shares held in clients names? What would be the process if getting access to ones share certificates in this situation?

Edited August 22, 2022 by Dv8or

[AndaIG]

Hi @Dv8or

Thanks for reaching out, 

Client assets are segregated from IG assets, for retail clients these would be returned. You can learn more about this from the following link: 

https://www.ig.com/uk/client-funds

We offer share certificate rematerialisation, you would need to send that request to helpdesk.uk@ig.com and our transfers team would take it from there. 

All the best, 

Anda 

[Dv8or]

Thanks - not sure what share dematerialisation is?

[AndaIG]

Hi @Dv8or

Dematerialisation is the process of converting physical share certificates to electronic form, rematerialisation is then moving the shares from electronic form back to physical share certificate. 

All the best, 

Anda