Leading Retail FX and CFDs broker Plus500 has announced that it has hired Google executive Ari Shotland as the company's new Chief Technology Officer (CTO). Ari Shotland had been with Google Israel for the past 11 years, as Senior Staff Software Engineer & Tech Lead Manager. He holds BSc and MSc degrees from Haifa's Technion. In…
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CFD broker Plus500 Ltd (LON:PLUS) has announced its results for the first quarter of 2017, indicating a 15% dropoff in Revenues from Q4's record levels. Revenues for Q1 at Plus500 came in at $77.5 million, versus a record $91.3 million last quarter (Q4-2016) and $85.2 million in Q1 last year. Nevertheless, above-average EBITDA margins of…
Read moreFCA-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…
Read moreOnline 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.…
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 moreLeapRate Exclusive... LeapRate has learned that publicly traded CFD broker Plus500 Ltd (LON:PLUS) has changed over management of its FCA regulated UK subsidiary Plus500UK. Entering as CEO of Plus500UK is Mark Winton, a seasoned FX industry executive who most recently was Head of Compliance at Alpari UK. Winton also worked previously at London Capital Group Holdings…
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