Tag: Plus500 Ltd (LON:PLUS)

June 28, 2016 BY LeapRate Staff

Plus500 adds Nomura executive Penny Judd to its Board of Directors

FCA-regulated retail forex and CFD broker Plus500 Ltd (LON:PLUS) has announced some changes to its Board of Directors. The company added seasoned compliance executive Penny Judd as a non-executive director. Judd is currently EMEA Head of Compliance in the London office of Japanese banking giant Nomura Holdings, Inc. (ADR) (NYSE:NMR), although she plans to step down from…

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June 06, 2016 BY LeapRate Staff

Morgan Stanley sells down Plus500 Ltd stake to below 3%

LeapRate has learned via filings made to the London Stock Exchange that global investment bank Morgan Stanley (NYSE:MS) has sold down its stake in FCA regulated retail forex and CFD broker Plus500 Ltd (LON:PLUS) to below 3%. Morgan Stanley had been the second or third largest outside shareholder in Plus500 at just under 7%, after UK investment manager…

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May 19, 2016 BY LeapRate Staff

Not all roses in Teddy Sagi's world: Playtech's X-Wise unit lays off 150

It looks like another unit of Teddy Sagi's online gaming and trading holding company Playtech PLC (LON:PTEC) is going through a series of large scale layoffs. After LeapRate's exclusive report earlier this year about mass firings at Playtech Retail Forex unit Markets.com in a restructuring of its sales, retention and customer service operations, it now appears as if…

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May 19, 2016 BY LeapRate Staff

Not all roses in Teddy Sagi's world: Playtech's X-Wise unit lays off 150

It looks like another unit of Teddy Sagi's online gaming and trading holding company Playtech PLC (LON:PTEC) is going through a series of large scale layoffs. After LeapRate's exclusive report earlier this year about mass firings at Playtech Retail Forex unit Markets.com in a restructuring of its sales, retention and customer service operations, it now appears as if…

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April 18, 2016 BY Maria Nikolova

Plus500 registers 26% Q/Q growth in revenues in Q1 2016

Retail FX and CFD broker Plus500 Ltd (LON:PLUS) has earlier today published a trading update for the first three months of 2016, with revenues staging a rise in both quarterly and annual terms, In fact, quarterly revenues hit a record level of $85.2 million, up 26% from the preceding quarter and up 4% from the…

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March 23, 2016 BY LeapRate Staff

JPMorgan Chase ups stake in Plus500 to 9% as shares continue to rise

Global investment bank JPMorgan Chase & Co. (NYSE:JPM) has made filings to the London Stock Exchange indicating that it has increased its stake in retail Forex and CFD broker Plus500 Ltd (LON:PLUS) to 9.0%, up from 7.5% previously. JPMorgan now holds directly 10,330,061 Plus500 shares, worth £67.8 million (USD $96 million). Plus500 shares have been on a…

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March 15, 2016 BY Maria Nikolova

Plus500 appoints Elad Even-Chen as Group CFO

Online trading services provider Plus500 Ltd (LON:PLUS) has just announced the appointment of Elad Even-Chen as Group Chief Financial Officer, effective March 15, 2016. Mr Even-Chen currently serves as the Finance Director and VP Business Development at Plus500 Ltd., is a director of Plus500CY Ltd. He has worked for the broker for the last four years.…

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