Plus500 has more than doubled its revenues in the first half of 2014, achieving $106.2 million in the first half of this year, but less buoyant QoQ revenues. Firm cites asset-light efficiency as a boon
Read moreFollowing last month's purchase of a 10% stake in IG Group by Mass Financial, investment management giant Blackrock has become one of IG's largest owners.
Read moreBeing a loyal senior executive within a publicly listed electronic trading company is certainly lucrative, with several key figures at IG Group profiting substantially from exercising options
Read moreIG Group issued more shares, possibly as part of employee compensation, so MFS bought more shares as well to keep their holding in IG at just above 10%.
Read moreAs interest from global financial institutions in FX firms continue, USUS mutual fund management firm Mass Financial acquires 10% share in UK-based IG Group
Read moreLondon Stock Exchange continues its program of high value mergers and acquistions, this time purchasing transatlantic company Frank Russell Co, which has $256 billion assets under management.
Read moreLCH.Clearnet Group, the leading independent multi-asset class and multinational clearing house, serving major exchanges and trading platforms as well as a range of OTC markets today notified the public that the Bank of England approved its application as a central counter-party under the European Market Infrastructure Regulation (EMIR). This is the final step in the…
Read moreWith Europe following closely in America's footsteps, LCH.Clearnet's French subsidiary gains recognition under EMIR as a central counterparty
Read moreLCH.Clearnet cost savings lead the way to efficiency as revenues increased by 50% at London Stock Exchange for year ending March 31, 2014 compared with last year, dividend increased despite 12% fall in profit.
Read moreThe stratospheric sums which are being applied to IPOs within the deliverable FX sector are most certainly going in one direction - upwards Deliverable FX retailer Travelex has joined the ranks of many retail-orientated firms which provide direct deliverable service to an international client base, in setting its sights on a $1 billion initial public…
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