FX Industry Week Review: Plus500’s $100M quarter, IronFX raises $100M, China broker’s UK launch, FXCM’s problems, and lots more… LeapRate

August 13, 2017 BY LeapRate Staff

FX Industry Week Review: Plus500's $100M quarter, IronFX raises $100M, China broker's UK launch, FXCM's problems, and lots more…

Forex Industry News this past week at LeapRate seemed to revolve around a very large number: $100 million. IronFX announced a $100 million investment. Plus500 Ltd (LON:PLUS) reported its first-ever $100 million Revenue quarter. And there was lots more... Who is Leverate's new CEO? Which China FX broker is set for a large UK/Europe push after…

August 11, 2017 BY LeapRate Staff

Plus500 shares at all-time high following "monster" $110 million Q2

Continuing a year-long climb, shares of CFD broker Plus500 Ltd (LON:PLUS) set an all-time high in Thursday trading on the London Stock Exchange. Plus500 closed up 4.3% to £8.68 per share, its highest ever closing price after setting a mid-day high of £8.80 soon before closing. At its current share price, Plus500 has a market value…

August 07, 2017 BY Valentina Kirilova

Plus500 sees record Q2 revenues above $100 million on new customer growth

CFD broker Plus500 Ltd (LON:PLUS) released its interim financial results for the First Half of 2017 this morning, indicating some quite amazing accomplishments. Quarterly revenues topped $100 million for the first time ever at Plus500, coming in at a whopping $110.9 million - 21% better than Plus500's previous best-ever quarter (Q4-16). And the top-line results…

July 19, 2017 BY LeapRate Staff

IG shares soar 16% after reporting stellar Q4 results

Shares of UK online brokerage leader IG Group Holdings plc (LON:IGG) traded up by 16.4% Tuesday, after the company reported robust financial results for Q4-2017, the second half of Fiscal 2017, and full year 2017. IG has a May 31 fiscal year end. IG shares, now at £6.46 per share, are at the highest level they have…

July 09, 2017 BY LeapRate Staff

Forex Industry Week Review: Turkey foreign FX ban, GKFX raises $15M, broker results, and lots more…

The move into summer months did not seem to slow down the stream of Forex Industry News this past week, with all the top stories once again appearing exclusively (or first, before being copied elsewhere) at LeapRate. We exclusively reported on Turkey's ban on accounts and trading with foreign Forex brokers, on GKFX's second major…

July 03, 2017 BY LeapRate Staff

Plus500 announces strong Q2, with 2017 results significantly ahead of expectations

FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has issued a Half Year Trading Update, indicating that its business did very well in the just-completed second quarter of the year. Without giving specific numbers, which will be delivered in early August, Plus500 stated that the business has continued to trade very strongly, with both revenues and…

June 30, 2017 BY LeapRate Staff

Goldman Sachs now down to below 3% holding in CMC Markets

LeapRate Exclusive... Further to our exclusive report earlier in the week that longtime CMC Markets Plc (LON:CMCX) shareholder, New York based investment bank Goldman Sachs Group Inc (NYSE:GS), had decided to sell down its stake in CMC Markets, LeapRate has learned that Goldman has indeed continued to sell, now down to below the 3% reporting threshold…

Tag: Plus500 Ltd (LON:PLUS)

FX Industry Week Review: Plus500's $100M quarter, IronFX raises $100M, China broker's UK launch, FXCM's problems, and lots more…

Plus500 shares at all-time high following "monster" $110 million Q2

Plus500 sees record Q2 revenues above $100 million on new customer growth

IG shares soar 16% after reporting stellar Q4 results

Forex Industry Week Review: Turkey foreign FX ban, GKFX raises $15M, broker results, and lots more…

Plus500 announces strong Q2, with 2017 results significantly ahead of expectations

Goldman Sachs now down to below 3% holding in CMC Markets

CLSNet Expands Reach as MUFG Bank Joins the Network

FOREX.com Partners With Event-Based Trading Firm Kalshi

Saxo Chief Investment Strategist to Step Down

CAB Payments and StoneX Continue Acquisition Discussions

HKEX to Expand Middle East Presence with Riyadh Office