Forex Weekly Look Back: Oil prices turn negative for the first time in history, Plus500’s CEO steps down LeapRate

April 24, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Oil prices turn negative for the first time in history, Plus500's CEO steps down

Australian brokerage firm Synergy FX, acquired by ACY Securities in 2018, was revived as Synergy Markets, lead by its founder Christian Dove. Synergy Markets opened for clients earlier this week and based on Synergy FX’s good standing in the industry, the rebranded version is expected to do well in the market. FX veteran Christian Dove, who ran the…

April 20, 2020 BY Steffy Bogdanova

Plus500 CEO Asaf Elimelech steps down, COO David Zruia to take over

Elimelech joined Plus500 back in 2012 and undertook his role as CEO in 2016. He steps down after over years at the helm, having navigated the company through turbulence and regulatory changes. Penny Judd, Chairman of Plus500, commented: Asaf Elimelech has been a significant part of Plus500’s success in recent years; we thank him for…

February 13, 2019 BY Valentina Kirilova

Plus500 reports record numbers and performance in 2018, revenue up 65% YoY

FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has announced its preliminary unaudited results for the year ended 31 December 2018 - the company set a new record in terms of financial performance. The company’s Board noted back in November 2018 that Plus500’s results for the financial year ended 31 December 2018 will be ahead of previous market expectations. Some…

November 01, 2017 BY LeapRate Staff

Forex sports sponsorship: Plus500 extends shirts deal with Australian rugby squad Brumbies

CFD broker Plus500 Ltd (LON:PLUS) has announced that it has extended its sponsorship agreement with the Brumbies, the Australian professional rugby union football team to be its Official Sponsor for the next three years. Plus500 first became a sponsor of the Brumbies in December 2016. As part of the Agreement, the Plus500 logo will continue…

February 07, 2017 BY Valentina Kirilova

Plus500 reports record quarterly Revenues of $91.3M, $117M profit for 2016

CFD broker Plus500 Ltd (LON:PLUS) just announced preliminary unaudited results for the year ended 31 December 2016, which include record quarterly Revenues of $91.3 million in the fourth quarter. For the full year 2016, Plus500 brought in $327.9 million in Revenues and earned Net Profit of $117.2 million, also both best-ever results for the CFD broker.…

January 09, 2017 BY Valentina Kirilova

Forex sports sponsorship: Plus500 extends with Atletico Madrid FC

CFD broker Plus500 Ltd (LON:PLUS) just announced that it has extended its sponsorship agreement with Club Atlético de Madrid Football Club, SAD, to be the main sponsor for the 2017/18 season. Plus500 first became the Official Main Sponsor of Atlético in January 2015 and the collaboration to date has been very successful for both parties.…

December 05, 2016 BY Valentina Kirilova

Forex sports sponsorship: Plus500 shirts deal with Australian rugby squad Brumbies

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…

October 24, 2016 BY Valentina Kirilova

Plus500 sees strong Q3 with revenue up 14% YoY

CFD broker Plus500 Ltd (LON:PLUS) has provided a trading update for the three and nine months ended 30 September 2016. In the nine months ended 30 September 2016, revenue was $236.3m an increase of 14% compared to the same period last year. However, strictly Q3 revenue compared to last year was slightly down 4% to…

September 05, 2016 BY LeapRate Staff

Plus500 revenues fall 14% QoQ but YoY growth continues in first half 2016

Retail Forex and CFDs broker Plus500 Ltd (LON:PLUS) continues to issue stellar financial results, although the company's growth seems to have slowed a bit in Q2-2016. Plus500 released its First Half 2016 financial report this morning, indicating that the company's Revenues in Q2 came in at $73.6 million - one of its best quarters ever…

Tag: Asaf Elimelech