Through filings made with the London Stock Exchange, LeapRate has learned that former London Capital Group (LON:LCG) CEO Simon Denham has sold most of his remaining stake in the company. Earlier this week Mr. Denham sold exactly 4 million LCG shares for about £1.36 million ($2.1 million), leaving him with just under 2.4 million remaining…
Read moreIntercompany loan from GLIO facilitates the purchase of 22% of LCG's shares to fund new Employee Benefit Trust for any future issue of share options to employees as part of long-term performance related incentive scheme
Read moreLeapRate Exclusive... UK financial spread betting firm London Capital Group (LCG.L) made an interesting move late last week, buying back a total of 45,000 of its own shares in the open market. These are the first buybacks ever done by LCG, as far as we can tell - LCG held no 'Treasury Shares' prior to…
Read moreLeapRate Forex Weekly Look Back – Week of October 20th FxPro preparing to launch FxPro Prime Brokerage services | https://www.leaprate.com/kEf3i Bye bye MetaTrader 4! MONEX Group formally announces phase-out | https://www.leaprate.com/mmAAu Plus500 triples its worldwide revenue in Q3 2014 | https://www.leaprate.com/7Iyao Op-ed: FX business now shares equities’ margin shrinkage | https://www.leaprate.com/CgQTN Infinigon launches API for…
Read moreFlush with fresh a fresh investment from newly appointed Executive Chairman Charles-Henri Sabet, LCG rejuvenates itself by engaging in M&A activity
Read moreFoster has been replaced as Head of FX by Peter Wells, who joins LCG from ICAP.
Read moreFCA regulated FX, spread betting and CFD provider London Capital Group Holdings (LON:LCG) gave a further update to the firm's announcement on June 17th, 2014, concerning the proposed financing to raise up to £17,500,000, through the Issue of convertible loan notes to GLIO and Institutional Investors. LCG is pleased to announce that it has entered…
Read moreSome news coming from London Capital Group (LON:LCG) as their restructuring continues, the firm is announcing that at its General meeting today, the Resolution put to Shareholders was duly passed. Accordingly, subject to the issue of the GLIO Convertible Loan Notes, the Company will proceed with entering into the exclusive licensing agreement with Algoweb S.A.R.L,…
Read moreBloomberg reporters Julia Verlaine and Ambereen Choudhury are reporting today that former European head of FX spot trading at Citigroup (NYSE:C), Mr. Rohan Ramchandani who was targeted in currency rigging probes (fired, but not charged with any wrong-doing), joined online trading services provider London Capital Group. Mr. Ramchandani began working at London Capital Group (LON:LCG) this…
Read moreLondon Capital Group Holdings plc today announced interim results along with some notes and commentary for the six months of 2014, ended June 30th. LeapRate takes a glance...
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