It was a fairly good week for shares of retail forex brokers. (At least for some of them). Hottest of the group was FXCM Inc (NYSE:FXCM), which saw speculation heat up again regarding its ability to seal a deal with Leucadia National Corp (NYSE:LUK) and renegotiate terms of its $300 million loan from Leucadia. FXCM shares…
Read moreIt has been a very busy year for Plus500 Ltd (LON:PLUS). Despite getting through last January's Swiss Franc spike with nary a scratch, shares of the Retail Forex and CFD broker took a dive until Playtech PLC (LON:PTEC) stepped in with plans to buy Plus500 for $700 million. When that deal unravelled late in 2015 Plus500…
Read moreMove by Markets.com to stop paying commissions to salespeople and to automate operations follows failed attempt to buy rival Plus500 late last year.
Read moreThere is a very simple equation which usually holds true in Forex trading - more volatility means more volumes for brokers.
Read moreCFD and Forex broker Plus500 Ltd (LON:PLUS) has just published its financial report for the final quarter and full year 2015, with the last quarter bringing a rise in revenues on an annual basis and a drop in revenues in quarterly terms. The company also announced that Asaf Elimelech, who currently serves as the Chief Subsidiaries…
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Further to the report put out on the UK online trading market by research firm Investment Trends, LeapRate has learned that in the fast-growing CFDs sector there has been some movement among the top brokers providing CFDs trading. Not surprisingly, continuing to lead the sector is IG Group Holdings plc (LON:IGG), which was named by…
Read moreAfter failing to acquire retail forex brokers Plus500 Ltd (LON:PLUS) and AvaTrade late last year in deals which would have totaled more than $800 million, online gaming and forex giant Playtech PLC (LON:PTEC) is apparently returning its M&A appetite to its core business of online gaming platforms and the possible acquisition of rival OpenBet. Owned by…
Read moreIn tune with an earlier announcement from Plus500 Ltd (LON:PLUS) about its UK business planning to accept new clients, the retail Forex and CFD broker announced today that Plus500UK officially resumes onboarding activities. The UK business of the broker stopped accepting new customers in May 2015, as the Financial Conduct Authority (FCA) was investigating its client…
Read moreCompetition in the ultra-competitive UK online market heating up as LCG joins ETX Capital and others in upgrading their technology and look to suit a new generation of traders.
Read moreRetail Forex and CFD broker Plus500 Ltd (LON:PLUS) has just published a list of its 10 most traded contracts for difference (CFDs) for 2015. The ranking (which you can see on the picture above) features several instruments which one would expect to see. Such examples are Oil, that is, Light Sweet Crude Oil, as well…
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