FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated that in accordance with the terms of its Share Buyback Programme announced on 2 June 2017, the Company acquired 22,000 ordinary shares of ILS 0.01 each in the capital of the Company ("Shares") on 13 July 2017 at a price of 598.54 pence per Share.…
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CFD broker Plus500 Ltd (LON:PLUS) just announced that the Financial Services Board, the South African authority that oversees the non-banking financial services industry, has granted Plus500AU Pty ltd., the Company's Australian operating subsidiary, a licence to operate an online trading platform for retail customers to trade CFDs in South Africa, under FSP #47546. The licence…
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Plus500 Ltd said it has signed a sponsorship deal with Australian rugby union team Brumbies to be its official sponsor for the 2017/18 season. Under the deal, Plus500 said its logo will feature on the front of both the home and away Brumbies shirts for national and overseas matches. Plus500 said it will also be…
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Continuing its acquisition spree outside of the Forex sector after having failed to acquire Plus500 and AvaTrade, gaming technology provider Playtech PLC (LON:PTEC) has announced that it has acquired bingo software and hardware solutions provider ECM Systems. ECM supplies software and support services to the UK retail bingo market, including major operators Gala Leisure, Mecca…
Read moreIn tune with an earlier announcement from Plus500 Ltd (LON:PLUS) about its UK business planning to accept new clients, the retail Forex and CFD broker announced today that Plus500UK officially resumes onboarding activities. The UK business of the broker stopped accepting new customers in May 2015, as the Financial Conduct Authority (FCA) was investigating its client…
Read moreRetail Forex and CFD broker Plus500 Ltd (LON:PLUS) has just published a list of its 10 most traded contracts for difference (CFDs) for 2015. The ranking (which you can see on the picture above) features several instruments which one would expect to see. Such examples are Oil, that is, Light Sweet Crude Oil, as well…
Read moreRetail forex and CFD broker Plus500 Ltd (LON:PLUS) has issued a statement that it has decided to resume the onboarding new customers to its UK-based, FCA-regulated unit Plus500UK. It will begin taking clients into Plus500UK beginning next month. Plus500 halted taking new clients into its UK unit back in May, as part of an ongoing investigation into…
Read moreFollowing the announcement of the termination of the proposed acquisition of Plus500 Ltd (LON:PLUS) by Playtech PLC (LON:PTEC), the CFD and Forex broker unveiled its plans for an independent future. Interim Dividend Under the terms of the proposed acquisition by Playtech the Board agreed not to declare an Interim Dividend for 2015. However, after the termination…
Read moreThe mergers and acquisitions world is full of risks, with one more piece of proof just provided from Playtech PLC (LON:PTEC)... The company has been waiting for a nod of approval from the Financial Conduct Authority (FCA) for the proposed acquisition of Plus500 Ltd (LON:PLUS) but after an update from the UK regulator late on…
Read morePlaytech PLC (LON:PTEC), which in June submitted a £460 million acquisition bid for retail CFD and Forex broker Plus500 Ltd (LON:PLUS), today provided another update on how the approval process for the deal is progressing. The company said that expects the Financial Conduct Authority (FCA) decision in connection with the proposed acquisition of Plus500 in December…
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