Tag: UK broker

July 01, 2015 BY Mike Fox

FXtradeweb now operating under FCA UK authorization

FXtradeweb, an Estonian based Forex broker operating in the Nordic country since its launch two years ago has branched out with an office in London and has stated it is operating under FCA authorization and registration. The company officially announced this news today with the following: FXtradeweb (fxtradeweb.com) is now operating under FCA UK regulation, the standards enforced…

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March 05, 2015 BY Maria Nikolova

JPMorgan raises stake in Plus500 above 5%

Shares in Plus500 Ltd (LON:PLUS) keep attracting investors' attention, especially after the publication of stellar results for the fourth quarter and full year 2014. Another piece of evidence in this respect was apparent today, as JPMorgan Chase & Co. (NYSE:JPM) took its stake in the CFD broker above 5% again. The latest transaction raised the…

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September 09, 2013 BY Gerald Segal

CMC Markets loses one-third of staff, posts £2.8M loss

CMC fiscal 2013 results show a 21% drop in revenue, as the scandal revolving around CEO Peter Cruddas took its toll. Leading UK online broker CMC Markets has released its fiscal 2013 results (year-end March 31), alongside some interesting comments and admissions made by CMC Founder and CEO Peter Cruddas. Cruddas re-took the reigns as…

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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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June 11, 2013 BY Gerald Segal

IG Group reports very strong Q4, revenues up 18%

IG sees strong performance globally, but especially out of Japan FX trading. IG Group, the UK's leading financial spreadbetting company, announced that in its Q4-2013 (for the quarter ended May 31, 2013 -- IG has a May year-end) revenues and activity were up nicely in double-digit percent across virtually all of its major regions. In…

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