Plus500 shares go on rollercoaster ride; Live reports from LATAM FX market – Forex Weekly Look Back

Last week we witnessed LSE AIM traded Plus500 hit its first hiccups as a publicly traded company as shares of the popular retail brokerage fell on KYC and AML concerns which led to frozen accounts with UK clientele. All the links related to the story from last week are below.

LeapRate managing editor Andrew Saks-McCleod spent the week in Peru among Latin America FX industry pioneers, all of his diverse live reports from Peru concerning the LATAM FX market you can read below.

Also last week, heavy settlements from U.S and UK regulators by major banks surrounding FX manipulation starting rolling in, with Barclays to pay largest ever Forex and ISDAfix settlement at £1.53 billion. The rigging stories just won’t die as South Africa regulators are now investigating its FX bank traders. Check below our featured stories from last week and our complete run-down of the most noteworthy news items.


Plus500 statement on share price fall |
FX industry being established in Latin America |
South Africa probes bank Forex traders for price fixing |
FXCM 10-Q confirms Faros Trading sale done for nothing upfront plus %-of-profits – but why? |
TechFinancials shares down |
FXPrimus management statement on ASIC actions |
CMC Markets moving forward on planned £1 billion IPO |
FXCM/Saxo Bank take over of FX accounts of CitiFX Pro |

Weekly Forex Industry Rundown for May 18th – May 24th



Warnings/Fines/Fraud Watch



Executive Moves




Plus500 shares go on rollercoaster ride; Live reports from LATAM FX market - Forex Weekly Look Back


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