LMAX to be shut down? Or sold? LeapRate

December 11, 2012 BY Gerald Segal

LMAX to be shut down? Or sold?

New Betfair CEO taking the axe to many parts of the business. An interesting article in this weekend's Sunday Times speculated that new Betfair CEO Breon Corcoran was going to use the company's half-year results announcement this coming Thursday to outline an overhaul of many parts of the business, and cost cutting measures -- and a…

October 24, 2012 BY Gerald Segal

UK's FSA fines Plus500 £205,000

Plus500 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…

May 03, 2012 BY Gerald Segal

MIG BANK gets FSA regulation, opens London office

Leading Swiss firms continue to spread their wings abroad.

Tag: UK regulated brokers