Buy, 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 morePlus500 shares soar 5.4% on Wednesday following release of its Annual Report. Plus500's secret sauce? It has now been a couple of days since investors got their hands on Plus500's 2013 Annual Report, and it seems like they like what they see. With no 'new' news out, Plus500's shares (LON:PLUS) went on another tear on…
Read morePlus500’s founders still own 35.6% of the company Publicly listed CFD trading platform provider Plus500 is reporting that the founders of the company have successfully placed and sold a total of 20,000,000 ordinary shares at a fixed price of 500 pence per share. The price represents about a 10% discount to where Plus500 shares have…
Read moreInsiders to sell $170M of Plus500 shares. IPO benefits: higher volumes, but also lower client acquisition costs. When we wrote back in December that Plus500 (LON:PLUS) CEO Gal Haber was targeting a billion dollar valuation for his newly public company, we did so with a certain amount of skepticism. After all, industry leader FXCM's valuation…
Read moreGain Capital (Forex.com) shares are now down 48% from their late September peak. The problem? Retail volumes. What goes up sometimes come down... A quick look at the stock market ticker reveals a very tough week for shares of retail forex brokers, culminating with yesterday's deep dip. Gain Capital shares (NYSE:GCAP) fell 9% Thursday, completing…
Read morePlus500 CEO Gal Haber hits the $500 million milestone, as Plus500 continues focus on the UK market. Had we mentioned to any of our readers six months ago that CFD broker Plus500 was really worth $1 billion, we likely would have been laughed at. Well, it doesn't seem like a joke any more. With its…
Read moreThe stock market likes exceeding expectations. It does not like convertible bonds. Most of us in and connected to the forex industry understand that we are all together in one big boat. Rising industry volumes generally mean good times for (most) everyone, while slow volumes hurt (nearly) everyone. There are always the haves and have-nots,…
Read moreShares of the company are now trading up by more than 75% since its IPO in July CFD broker Plus500 (LON:PLUS) is seeing its shares rise more than 16% in today’s trading after issuing a trading update which states that activity at the brokerage had remained high after the 17th of October, when it announced…
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