Plus500 drops 8% amid FCA investigation on customer signup
Tough Monday overall for Forex stocks: Plus500 -8%, Gain Capital -3%, FXCM -1%, Swissquote -2%
Read moreTough Monday overall for Forex stocks: Plus500 -8%, Gain Capital -3%, FXCM -1%, Swissquote -2%
Read moreCost optimization related to the GFT acquisition is key to future share price developments In the aftermath of its Q4 earnings report, shares of publicly traded retail and institutional forex broker GAIN Capital (NYSE:GCAP) have soared more than 12% as investors appeared confident in the company’s ability to optimize its cost structure to successfully integrate…
Read moreQ4 revenues alone are totaling just over $50 million compared to $20 million in Q3 One of the leading publicly traded brokerages listed in the UK, Plus500 (LON:PLUS) has reported its preliminary results for 2013 and the numbers are staggering. Revenues at the company increased by 105% year-on-year to $115.1 million, while net profits almost…
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