JPMorgan cuts stake in Plus500 to 4.57%
As of May 26, 2015, the investment bank holds 5,254,079 shares, or a 4.57% stake, in the FX broker.
Read moreAs of May 26, 2015, the investment bank holds 5,254,079 shares, or a 4.57% stake, in the FX broker.
Read moreAt market close today, one share in the retail FX and CFD broker traded at 248p, down 35% from the previous market close.
Read moreTrading in shares of the broker resumed at 13:15 (London time), as the company published another announcement clarifying the situation around the processing of client actions and account freezing.
Read moreBreaking news: Trading in shares in Plus500 Ltd (LON:PLUS) has just been suspended on AIM, pending an announcement by the company. Trading on AIM for the under-mentioned securities has been temporarily suspended from 22/05/2015 10:15am, pending an announcement. ORDINARY SHARES OF ILS0.01 EACH FULLY PAID (DI) (BBT3PS9)(IL0011284465) The shares in the company saw a 39%…
Read moreThis morning saw the shares in the broker trade at levels last seen in the fall of 2013.
Read moreOdey bought further 1,795,437 shares in Plus500 on Tuesday, signaling that some investors see the low share price of the broker as an opportunity rather than a problem.
Read moreThe wealth management firm now holds 14.09% interest in Plus500, after purchasing 1,605,000 shares in the broker on Monday.
Read moreThe official statement the company published yesterday has obviously failed to stem the drop in share prices.
Read moreThe AML procedures have affected only customers of the UK business and the broker is in talks with the FCA over the new rules implementation.
Read moreAs of May 15, 2015, the investment bank held 7,100,879 shares or 6.18% of the issued share capital of the retail FX and CFD broker.
Read more