Tag: LCG

May 02, 2014 BY Andrew Saks-McLeod

LCG heads out of the wilderness as it gears up for £15 million loan note from prominent investor in trading platforms

LCG heads out of the wilderness as it gears up for £15 million loan note from prominent investor in trading platforms London Capital Group (LON:LCG) has announced today that it is planning a placing of convertible loan notes of approximately £15 million. This placing will be subscribed for in full or in large part by GLIO Holdings…

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April 24, 2014 BY Gerald Segal

London Capital Group's 2013 Annual Report - looking to regain solid footing, planning for internationalization

Report states general confidence of the business has materially improved with challenges ahead London Capital Group Holdings plc (LON:LCG) which is authorized and regulated by the Financial Conduct Authority (FCA) in London released their 2013 annual report to investors this week. The report shows they believe their worst is behind them after a tough 2012…

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April 07, 2014 BY Gerald Segal

Premium research portal FirstMacro enhances emerging markets coverage

FX trading intel service offers expanded research and news within emerging markets FirstMacro, a premium forex research service run by former FXCM Senior Analyst Joel Kruger has announced some expanded capabilities when it comes to emerging markets. The firm will now cover emerging markets with news, commentary and trading strategies. They are now a full…

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January 22, 2014 BY Gerald Segal

London Capital Group sees loss and drop in Revenues during 2H-2013

Under new management, the big question is whether LCG can make a recovery in 2014. UK spreadbetting and CFDs broker London Capital Group (or "LCG"), which operates the Capital Spreads, Capital CFDs and LCG FX brands, announced summary results for the second half of 2013 on Wednesday. LCG Group revenue came in at £10.9 million, down…

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December 30, 2013 BY Gerald Segal

London Capital Group CEO Kevin Ashby buys 5% of the company

Ashby's shares only vest in 2017, and he benefits only if they increase more than 50% from current prices. UK online broker London Capital Group (LON:LCG) has announced that its new CEO, Saxo Bank veteran Kevin Ashby, has acquired more than 2.6 million LCG shares, bringing his total holdings to about 5% of outstanding LCG…

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November 15, 2013 BY Gerald Segal

London Capital Group CFO Siobhan Moynihan resigns

Steven Whelton has been appointed as interim replacement. FCA regulated UK brokerage London Capital Group announced in a press release that it has parted with its CFO Siobhan Moynihan. She has stepped down from the company’s board as of today (15th of November) and will be replaced temporary by Steven Whelton. Shares of the publicly traded parent…

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August 22, 2013 BY Gerald Segal

London Capital Group 1H results disappoint, shares dive 10%

LCG revenues were actually down from last year, at a time when industry revenues were up nicely. UK spreadbetting and CFDs broker London Capital Group (or "LCG"), which operates the Capital Spreads and ProSpreads brands, announced disappointing first half 2013 results, which sent its stock (LSE:LCG) tumbling by more than 10% on Thursday. LCG's revenues…

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