London Capital Group is first broker Joel Kruger's FirstMacro will link to. Former senior FXCM currency strategist Joel Kruger has gone freelance and has launched a new FX research portal called FirstMacro. The idea, in a nutshell, is to provide premium FX research services based on Joel's work, and to make money by enabling traders…
Read moreMark Slade buys 200,000 LCG shares for about $114,000, to hold about 0.5% of the company. It wasn't a very large investment in terms of total cost, but with new London Capital Group CEO Mark Slade reporting that he was buying shares, investors on the LSE followed and bid up LCG's share price by 6%…
Read moreInvestors dumping LCG after takeover talks called off with City Index. After falling Tuesday by 19% upon announcing it was no longer in active talks to be taken over, London Capital Group ("LCG") saw its shares drop another 18% on Wednesday in trading on the London Stock Exchange. LCG shares now sit at £0.30, and actually…
Read moreCity Index was apparently the last to withdraw from takeover talks. UK financial spreadbetting firm London Capital Group (or "LCG") announced today that it is no longer holding active talks with other parties regarding a takeover of the company. Previously, on February 12, LCG had stated that it had received approaches from several firms including…
Read moreCantor Fitzgerald, Gain Capital (Forex.com), and City Index have made "preliminary approaches" to LCG. Well, looks like we were right. After we reported this morning that the recent rise in London Capital Group's share price is likely attributable to M&A activity surrounding the company, London Capital Group itself confirmed in a press release just moments…
Read moreLCG shares shoot up 11% on Monday with no apparent new news. After we saw shares of ICAP and IG Group rise last week following some healthy January volume reports, today's turn for a buying frenzy goes to London Capital Group. LCG shares traded up more than 11% on Monday, now sitting at £0.40. The company's…
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