Plus500 hopes to raise $50 million, at a company valuation of about $225 million. UK/Cyprus based CFD broker Plus500 is not wasting much time on its planned IPO. The company will be hitting the road to meet with potential investors this week and next, before planning to price its IPO on or around Tuesday, July…
Read moreCFD broker Plus500 is planning to raise $50 million at a company value of $225 million in an IPO on London's Alternative Investment Market (AIM). BREAKING NEWS.... UK-based and Cyprus-domiciled CFD broker Plus500 has formally announced its intention to pursue an IPO on the London Stock Exchange's Alternative Investment Market (AIM). The company plans to raise…
Read moreLeverage limited to 4x. Plus500 joins IG as the only 'real' online brokers offering leveraged Bitcoin trading. After we reported last week that IG Group became the first online broker to offer binary options trading on Bitcoin, now comes word that Plus500, a medium-sized UK-based Forex broker, is becoming the first Forex broker to offer…
Read morePlus500 failed to provide accurate transaction reports to the FSA. CFD broker Plus500 was fined £205,128 for failing to provide accurate and timely transaction reports to the FSA in respect of all the reportable transactions they carried out, in the 2010-11 time period. The fine was actually reduced by 30%, from nearly £300,000, as Plus500…
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