Plus500 shares up 9% after strong Revenues and Cash report, $10 million share buyback LeapRate

June 02, 2017 BY LeapRate Staff

Plus500 shares up 9% after strong Revenues and Cash report, $10 million share buyback

Shares of FCA regulated CFD broker Plus500 Ltd (LON:PLUS) traded up sharply on Friday morning, after the company announced a planned $10 million share buyback, strong cash levels, and healthy Revenues growth so far in Q2. First, Plus500 announced that trading activity during Q2 has continued on a positive trend as outlined in Plus500's first quarter…

June 01, 2017 BY LeapRate Staff

IG Group shares rise 5% after issuing rosy Q4-2017 outlook

Shares in UK online trading leader IG Group Holdings plc (LON:IGG) rose by 5% in Wednesday trading, after the company issued a fairly rosy Trading Update for its fiscal fourth quarter of 2017. IG has a May 31 fiscal year end, so the period in question is for the three month period of March-April-May 2017. IG…

May 28, 2017 BY LeapRate Staff

Forex Industry Week Review: Binary options CEO ousted, Euronext-FastMatch and ThinkMarkets-Trade Interceptor, and lots more…

Mergers and Acquisitions activity led Forex Industry News this past week, on both the retail and institutional sides of the sector. The key deals - Euronext NV (EPA:ENX) buying FastMatch and ThinkMarkets acquiring Trade Interceptor - highlighted two of the key FX industry trends we've reported a lot on of late: consolidation, and the growing importance…

May 26, 2017 BY Valentina Kirilova

CMC Markets reorganizes management, promotes Grant Foley and David Fineberg

FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) just announced that following a review of the executive director’s roles and responsibilities, the Board has agreed to reorganise the executive management team’s responsibilities to support the delivery of the Group’s strategy. With effect from 1 June 2017, Grant Foley and David Fineberg will assume…

May 23, 2017 BY LeapRate Staff

Investment banker Manjit Wolstenholme to step down from CMC Markets board

FCA regulated online CFD brokerage house CMC Markets Plc (LON:CMCX) has announced that Manjit Wolstenholme, Non-Executive Director, has informed the Board that she intends to step down from her role with the Group at the Annual General Meeting on 27 July 2017 due to personal reasons. The Board has begun a search for a successor,…

May 21, 2017 BY LeapRate Staff

Forex Industry Week Review: FXCM new CEO and mega contracts, Exness FCA license upgrade, Binary Options chief arrested, and lots more…

It was one of those weeks in Forex Industry News where things were 'all over the place'. We saw senior executive moves at ADS Securities, ArgusFX, and of course FXCM parent Global Brokerage Inc, which finally replaced CEO Drew Niv. There were regulatory actions. And, the arrest of the owner of a Binary Options brokerage…

May 18, 2017 BY LeapRate Staff

CMC Markets launches new institutional offering Prime FX

UK based online brokerage house CMC Markets Plc (LON:CMCX) has announced the launch of its new Prime FX proposition, as the company continues to bolster its institutional offering. Prime FX from CMC Markets has been designed to help fill the liquidity gap that has been left by many of the traditional prime brokers scaling back…

May 09, 2017 BY LeapRate Staff

CMC Markets says it welcomes new Germany BaFin CFD regulation

UK based online brokerage house CMC Markets Plc (LON:CMCX) has put out a statement to the effect that it welcomes the new CFD regulation put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No limits were…

Germany's BaFin maintains restrictions on retail trading with financial CFDs

May 09, 2017 BY LeapRate Staff

Germany's BaFin confirms 'mild' restrictions on Forex and CFD trading, requiring only negative balance protection

Germany financial regulator BaFin has issued its final set of new rules to govern leveraged Forex and CFD trading, following proposals issued by BaFin back in December. And, much to the chagrin of both Forex and CFD traders in the country, as well as the brokers who serve the German market, BaFin stayed the course…

April 18, 2017 BY LeapRate Staff

FCA Mission Statement 2017: no update on CFD and Forex leverage

UK financial regulator The FCA issued today its 2017 Mission Statement and Business Plan, plus its Sector Views which highlight the issues and developments the FCA sees in the sectors it regulates. While there seems to be a lot new now at the FCA - including a quietly unveiled new-look website and logo (see at…

Tag: CMC Markets Plc (LON:CMCX)

IG Group shares rise 5% after issuing rosy Q4-2017 outlook

Forex Industry Week Review: Binary options CEO ousted, Euronext-FastMatch and ThinkMarkets-Trade Interceptor, and lots more…

CMC Markets reorganizes management, promotes Grant Foley and David Fineberg

Investment banker Manjit Wolstenholme to step down from CMC Markets board

Forex Industry Week Review: FXCM new CEO and mega contracts, Exness FCA license upgrade, Binary Options chief arrested, and lots more…

CMC Markets launches new institutional offering Prime FX

CMC Markets says it welcomes new Germany BaFin CFD regulation

Germany's BaFin confirms 'mild' restrictions on Forex and CFD trading, requiring only negative balance protection

FCA Mission Statement 2017: no update on CFD and Forex leverage

IC Markets Global and World Table Tennis (WTT) Renew Partnership

CMC Markets Posts Pre-Tax Profit, Jump in Net Operating Income

Broadridge Boosts Structured Product Trading with Tbricks Enhancements

eToro Obtains New York License, Announces Launch

StoneX Sees Increased Volumes Across Majority of Operating Segments in Q4