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Executive Moves

Plus500 Promotes Elad Even-Chen as CFO and Seeks New Director

  • The firm swaps CFO and finance roles and prepares to fill vacant director position as Paul Boyle steps down.
Tuesday, 15/03/2016 | 08:20 GMT by Steven Hatzakis
Executive Moves

Plus500 Promotes CEO of Australian Subsidiary Asaf Elimelech to Group CEO

  • The co-founder and CEO of Plus500 Gal Haber will be stepping down from his position.
Wednesday, 17/02/2016 | 09:27 GMT by Victor Golovtchenko
Brokers

Plus500 2015 Revenues Grow 20%, Operating Margin Down 15%

  • Plus500 will promote Asaf Elimelech to CEO, while Gal Haber retains a role as managing director.
Wednesday, 17/02/2016 | 07:32 GMT by Victor Golovtchenko
Brokers

Plus500 Welcomes Back New Customers to UK Entity

  • After halting the onboarding of new customers to their UK licensed entity, new customers are once again able to apply at Plus500.
Wednesday, 06/01/2016 | 08:03 GMT by Ron Finberg
Brokers

Plus500 Ltd to Distribute $23.47m in Dividends for First Half of 2015

  • The company continues with its policy of redistributing the bulk of its profits to shareholders.
Tuesday, 15/12/2015 | 07:25 GMT by Victor Golovtchenko
Brokers

Breaking: Plus500 Resumes Onboarding Clients Through FCA Regulated Unit

  • The company has fully resolved the regulatory hurdles that prevented it from onboarding clients in the UK
Friday, 11/12/2015 | 07:20 GMT by Victor Golovtchenko
Brokers

Odey Asset Management Divests 25% Stake in Plus500 Ltd with CFDs

  • The asset management company has confirmed its interest in holding shares of the London-listed Israeli company
Thursday, 10/12/2015 | 11:01 GMT by Victor Golovtchenko
Blogs

The Australian Government's Response to the Failed Playtech-Plus500 Deal

  • An expansion of the ASIC’s power has the ability to affect the margin FX and OTC derivative industry in Australia quite substantially.
Monday, 30/11/2015 | 15:54 GMT by Alicia Pevely
Brokers

Plus500 Shares Erase Losses, Playtech’s Stock Slides after Deal Fallout

  • After the termination of the merger agreement between the companies, their share prices have diverged in early London trading
Monday, 23/11/2015 | 13:05 GMT by Victor Golovtchenko
Blogs

Playtech – The Missed Jump into the “New” FX Industry

  • Regardless of the FCA reasoning for not approving the deal, industry entrants should know that this sector is changing faster than agreements can be signed.
Monday, 23/11/2015 | 12:12 GMT by Guest Contributors
Brokers

Breaking: Playtech Abandons Plus500 Deal amid Regulatory Concerns

  • Gaming giant says it couldn't address FCA's concerns
Monday, 23/11/2015 | 07:59 GMT by Irina Slav
Brokers

Breaking: Playtech Acquisition of Plus500 Conditional on FCA Approval by Year End

  • After the Central Bank of Ireland's hiccup, Playtech faces delays with the FCA that could put the acquisition deal on halt
Wednesday, 18/11/2015 | 13:04 GMT by Victor Golovtchenko
Brokers

Breaking: Plus500 Revenues Spike Back Up Above $80m in Q3

  • Both revenue per user and average user acquisition costs ballooned as the company recovers from the second quarter slump
Monday, 12/10/2015 | 06:30 GMT by Victor Golovtchenko
Regulation

AIM Listing of Plus500 on Hold Due to Pending FCA Approval

  • The shares of the company will remain listed until the official approval from the U.K. financial regulator comes due
Friday, 25/09/2015 | 16:35 GMT by Victor Golovtchenko
Brokers

Playtech Gets CySEC Approval for Plus500 Acquisition, FCA Still Pending

  • The company expects to close the acquisition of Ava Trade by the end of this month with Plus500 due by the end of November.
Friday, 18/09/2015 | 21:22 GMT by Victor Golovtchenko
Regulation

Exclusive: TradeNext Adopts Voluntary Variation of Permission During Internal Review Phase

  • The broker has been approached by a couple of companies interested in the client base of the FX and CFDs brokerage
Monday, 14/09/2015 | 16:01 GMT by Victor Golovtchenko
Executive Moves

Plus500UK’s Director and Ex-Chief Exec Yair Lavi Parts Ways with Broker

  • Mr. Lavi shifted roles at Plus500UK earlier this year, taking up the position of Director after a stint as its Chief Executive.
Friday, 11/09/2015 | 12:56 GMT by Jeff Patterson
Brokers

Dukascopy Launches Gold-Based Accounts and MT4 Tests a New Feature

  • Also making headlines this week are the revenue reports of Plus500 and Playtech's Financial Division, as well as that of Monex.
Sunday, 30/08/2015 | 08:25 GMT by Avi Mizrahi
Brokers

Plus500 to Delist from London AIM after Merger with Playtech

  • The company filed a formal notice detailing that the company will be delisting from the London Stock Exchange in September
Friday, 28/08/2015 | 06:55 GMT by Victor Golovtchenko
Brokers

Markets.com Provides €10.6M in Revenues for Playtech since May Acquisition

  • Playtech's Financial Division, which is currently composed of Markets Limited, contributed to €10.6 million in revenues during May and June
Thursday, 27/08/2015 | 07:49 GMT by Ron Finberg
Brokers

Plus500 H1 Results Show Falling Profits for Q2 and Remainder of the Year

  • Plus500 has reported net profit of $40.6 M on revenues of $127 M. Despite revenues growing, net profit was lower by 25% compared to 2014.
Thursday, 27/08/2015 | 07:00 GMT by Ron Finberg
Brokers

Brokers Update: As Volatility Settles In Brokers are Revamping Solutions

  • As markets are getting rattled by emerging markets uncertainty some brokers are updating trading conditions to reflect increased volatility
Tuesday, 25/08/2015 | 15:04 GMT by Victor Golovtchenko
Brokers

Brokers’ Update – MCM FX Launches Workshops and ThinkForex Expands

  • Additionally today, the shareholders of Playtech approved the acquisition of Plus500 and Admiral Markets improve the service.
Wednesday, 19/08/2015 | 14:38 GMT by Avi Mizrahi
Brokers

Exclusive: Ron Hoffman Lays out Playtech's Plans for Plus500 and Markets.com

  • Omer Shvili explains that with the support of the gaming giant the brands have potential to attract a larger number of financial traders.
Friday, 24/07/2015 | 07:14 GMT by Victor Golovtchenko
Brokers

Breaking: Plus500 Shareholders Approve the Sale to Playtech

  • The shareholders of the AIM LSE traded CFD broker have just sealed the deal on joining Teddy Sagi’s FX empire.
Thursday, 16/07/2015 | 11:58 GMT by Avi Mizrahi
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