JP Morgan continues its buying of CFD broker Plus500 (LON:PLUS) shares which now sits at a 14% total stake, split between two units of the investment bank. One portion of shares for it's clients and the other as part of its own investment in the online FX and CFD platform. Earlier in the month we…
Read moreLeapRate has learned, via filings made with the London Stock Exchange, that retail forex broker Plus500 (LON:PLUS) has seen one of the world's largest financial institutions - JP Morgan (NYSE:JPM) - continue to build its holding in the company. After initially buying a 4% interest in Plus500 back in March, JP Morgan has now upped…
Read moreBuy, buy, buy! JP Morgan crosses 10% ownership stake in Plus500 In continued bullish fervor, JP Morgan crossed over 10% in ownership stake of Plus500 (LON:PLUS). Just last Friday, JPMorgan had increased its interest in Plus500 to 6.8%. Also, reported several weeks ago JPMorgan had hit a 4% holding in Plus500. Does the steady pace…
Read moreOn a day equity markets were down big, CFD broker Plus500 sets another all-time high. FCA regulated CFD broker Plus500 (LON:PLUS) continues to be a darling of the London Stock Exchange. Plus500 shares traded up 3.6% on Thursday, briefly crossing the £7.00 mark for the first time before settling to close at £6.98. At its current share…
Read moreIncrease of 207% in revenues to $60.7m in Q1 2014 up from Q1 2013 at $19.7M Plus500’s March-quarter revenues were up 207% to $60.7M, while its number of new customers gained 63% to 20,124. Its number of active customers increased 48% to 50,438. March-quarter revenues in 2013 came in at $19.7M, and in 2013 they…
Read moreCorporate efficiency detailed in full as Plus500 releases its annual report for 2013 Plus500 has released its annual results for the full year 2013, which demonstrate what could be considered a predictably strong performance when bearing in mind the company's high valuation and successful initial public offering during the later stages of 2013. Last year, Plus500…
Read moreJP Morgan Asset Management and JP Morgan Securities acquire 4% of Plus500. CFD broker Plus500 (PLUS.L) can look back over recent events with some degree of satisfaction, with the entity continually demonstrating high stock prices since its equally high-ticket IPO. Today, the company has published a notification of major interest in shares, denoting that corporate…
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