CFD broker Plus500 now up 45% from its July IPO valuation. This has got to be whetting the appetite of every privately held retail forex broker contemplating going public.... CFD broker Plus500, which along with Hong Kong broker KVB Kunlun broke the nearly 3 year drought in retail forex IPOs this past summer, has seen…
Read morePlus500 Q3 revenues were nearly double last year's, although down from first half 2013. Shares of publicly traded broker Plus500 (LON:PLUS) have soared by 17% this morning on the London Stock Exchange after the company released a trading update for the 9 months ended September 30. Plus500 also reaffirmed guidance for the full year. Plus500…
Read moreIn its first financial report since its IPO in July, Plus500 sees its shares barely react, trading up 0.6%. CFD broker Plus500 has reported its first financial results as a public company, and they were (in our view) quite impressive. Virtually everything at Plus500 -- Revenues, EBITDA, Net Income, Revenue-per-Client (ARPU) -- showed a large…
Read morePlus500 IPO offering oversubscribed, size increased by 50%, share to begin trading Wed July 24. CFD broker Plus500 has completed a successful IPO roadshow, and increased the planned size of its offering by 50%, from $50 million to $75 million, at a company valuation of $200 million. The company's shares will begin trading this coming…
Read moreStock market continues to like shares of Forex brokers. As the equity markets in the US continue to set new highs, shares of publicly traded Forex brokers have not been left behind. For the first time since going public in December 2010 (for $14 per share), FXCM saw its share price briefly hit $17 on…
Read moreHow does Plus500's proposed IPO compare with existing forex industry public market valuations? LeapRate Exclusive.... The past two weeks have seen some extraordinary IPO activity in the retail forex industry. After more than two and a half years of quiet -- FXCM and Gain Capital (Forex.com) were the last two forex brokers to go public,…
Read morePlus500 hopes to raise $50 million, at a company valuation of about $225 million. UK/Cyprus based CFD broker Plus500 is not wasting much time on its planned IPO. The company will be hitting the road to meet with potential investors this week and next, before planning to price its IPO on or around Tuesday, July…
Read moreCFD broker Plus500 is planning to raise $50 million at a company value of $225 million in an IPO on London's Alternative Investment Market (AIM). BREAKING NEWS.... UK-based and Cyprus-domiciled CFD broker Plus500 has formally announced its intention to pursue an IPO on the London Stock Exchange's Alternative Investment Market (AIM). The company plans to raise…
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