September 13, 2018 BY LeapRate Staff
Exclusive: Luxembourg private label fund manager Axxion takes 5% position in Plus500
LeapRate Exclusive... LeapRate has learned via regulatory filings that Luxembourg based private label fund manager Axxion S.A. has built up a 5% ownership position in FCA regulated Retail CFD broker Plus500 Ltd (LON:PLUS). The stake, totaling 5,808,270 Plus500 shares, are worth about £82.3 million (USD $107 million) and represent 5.1% of Plus500's outstanding shares. The move…
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