On September 19, the UK-based online trading platform IG Group made a significant announcement: it has acquired the Australian cryptocurrency exchange Independent Reserve for AUD 178 million (roughly equivalent to USD 117.41 million). This strategic move is designed to broaden IG Group's digital business horizons and solidify its market position in the Asia-Pacific region. The acquisition is anticipated to have a favorable impact on cash earnings per share in the very first full fiscal year following its completion.