Spreadbetters wary ahead of new customer protection rules
CMC Markets said the changes would see group retail revenue from CFDs and spread betting drop by between 10% to 15%
Company
Plus500 Ltd
LON:PLUS
Plus500 is a leading provider of Contracts for Difference (CFD’s), delivering trading facilities on shares, forex, commodities and indices, alongside innovative trading technology. Plus500 is owned by Plus500UK Ltd. A UK based company with its main offices located in the city of London. The company is authorised and regulated by the Financial Services Authority (FSA) to offer Contracts For Difference (CFD). The company is a rapidly growing CFD provider in Europe and Asia and currently offers its portfolio of over 1000 instruments to over a million clients.
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Investments and investor services
FTSE 100 calls Mayday but manages to end the day safely in positive territory
Poor manufacturing stats raise worries over the British economy, the PMI measure for April was the lowest for 17-months..
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BP to see earnings boost from higher crude prices, but free cash flow under pressure
Day ahead includes first quarter updates from oil giant BP PLC and online food delivery firm Just Eat PLC, plus the latest two-day Federal Reserve policy meeting kicks-off
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"Aim Sustainable Dividends" virtual portfolio steams ahead
Plus500 continues to shine for the virtual portfolio while new entrant Strix Group has got off to a solid start. Since its inception, the portfolio has outperformed the FTSE 100 index.
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Momentum investing: Use the Force, Luke
A lot of academic research suggests a momentum investing strategy outperforms the market. John Harrington attempts to concoct a lazy person's momentum investing system.
Investments and investor services
Plus500 expects full-year 2018 revenue to beat expectations
The online contracts for differences trading platform provider said core earnings rose 72% to US$259.2mln for the year ended December 31, with revenue rising 33% to US$437.2mln
Investments and investor services
Shire to reveal extent of pressure from generic versions of its big sellers
Investors will also be keen to see more integration synergies from the addition of Baxalta.
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Breakfast News -
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Inflation numbers from UK and US to be eyed closely in coming week amid rate hike fears
Week ahead includes the latest UK and US consumer price indexes, plus corporate updates from RELX PLC, Coca Cola HBC PLC, Shire PLC and ConvaTec PLC
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Somero and Plus 500 give "Aim sustainable dividends" portfolio a big lift
The two most recent additions to the portfolio did the business at the tail end of 2017, but Zytronic gets the heave-ho on concerns over debt collection
Investments and investor services
Shares in CFD providers tumble as financial watchdog targets sales methods
Several firms have told the FCA they intend to stop providing CFDs to firms that distribute their products on an advisory or discretionary basis
Contract wins boost shares in both WANdisco and Corero Network Security
Some of the biggest risers and fallers in the London market on Wednesday
Plus 500 leaps after saying full year profit and revenue seen beating market expectations
The AIM listed firm said it achieved strong volumes in crypto currency CFDs and experienced increased interest in the offering throughout the year
Investments and investor services
Spreadbettors drop as EU watchdog proposes curbs on core business parts; UK regulator expected to follow suit
ESMA are suggesting prohibiting the sale and marketing of binary options and restricting the sale and marketing of contracts for difference (CFDs)
One Media IP leaps as former BBC boss Michael Grade invests in the music rights holder
A look at some of the biggest risers and fallers on Monday in London
FTSE 100 closes higher as US tax reform hopes cheer global traders
The UK blue chip index closed up 46.44 points at 7,537
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Plus500 and Somero join the Aim Sustainable Dividends portfolio
Performance of the virtual portfolio this year could have been better, and arguably should have been given positive trading updates from some constituents
FTSE 100 closes a shade higher as pound strengthens ahead of rate decision
Around 4pm, the UK blue chip index rose 2 points to 7,490
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BP kicks of big oil reporting season as investors adjust to the new normal for crude
Day ahead includes third quarter updates from blue chip oil major BP PLC, advertising giant WPP PLC, and mid cap food delivery firm Just Eat PLC
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Interest rate decisions in the UK and US could spook investors in Halloween week
Week ahead includes interest rate decisions from the Bank of England and the US Federal Reserve, as well as updates from HSBC, BT, Next, BP, and Royal Dutch Shell
Well-received earnings gives Plus500 a boost
A look at some of the biggest risers and fallers in London today
Investments and investor services
Plus 500 sees first-half earnings double amid strong growth in clients, revenues
For the six-months ending June 30, 2017, the AIM-listed group’s underlying earnings (EBITDA) doubled to US$118.5mln, as its revenue increased 19% to US$188.4mln
Investments and investor services
Plus500 boosted by US$10mln share buy-back programme, improved trading news
The AIM-listed firm said that current trading revenue has been stronger than the first quarter and profit margins have been maintained
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CFD platforms still worth a look
PE multiples have partially converged but range is still wide. FCA consultation ends tomorrow.
Investments and investor services
Plus 500 posts record numbers in turbulent year
The CFDs trading platform operator saw a strong recovery in margins in the second half of the year
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Day ahead: Oil giant BP to show quarterly improvement as write-downs drop-out
Investors are be hoping that for the full-year overall BP should reverse the previous year’s losses as big write-downs should not feature again.
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Week ahead: BP and Glaxo to continue trading trends for oil and drug giants
BP could please on Thursday as its recent quarterly updates have proved a little disappointing. GlaxoSmithKline will unveil its numbers Wednesday.
Investments and investor services
Spreadbet firms: Where do we go from here?
Zak Mir suggests the best ways to play the heavily-hit spreadbet firms over the coming months
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CMC Markets welcomes “balanced approach” of new German rules to curb CFD sales
BaFin, the latest European watchdog to recommend a clamp down on the fast-growing industry, said late yesterday that it intends to ban the sale of CFDs to retail customers if they include a so-called additional payment obligation.
Sierra Rutile on the up as Iluka deal edges closer
Iluka had threatened to walk away from the proposed takeover only last week
Investments and investor services
FTSE 100 stocks end near session highs thanks to banks
FTSE 100 shares closed near their highest point of the session on Tuesday, but no thanks to spread-betting stocks after the UK’s top regulator proposed stricter rules for the sector
Salmon appeal ruling boosts AquaBounty
Despite helpful foreign exchange rate movements, the defence firm Cobham said full-year performance would be lower than management had been expecting
Investments and investor services
Plus500 shares head south as founders cash out
The five founders earned themselves a nice payday after selling £100mln worth of their shares in the company
Risers & Fallers: Urals Energy, Westminster Group, Oilex...
Major share price risers and fallers in London at 4pm
Risers & Fallers: Carr's Group, Distil, Equatorial Palm, Mears, Plus 500, Proxama
Dr Sam Malafeh, the new deputy chief executive officer of AEC Education, has subscribed for £200,000 of shares at 5p each.
Investments and investor services
Plus500 Ltd boosts profits but costs weigh
Financial trading group reports continued recovery from problems
PREVIEW: Will Dechra Pharmaceuticals live up to heightened expectations?
Dechra Pharmaceuticals, housebuilders Berkeley and Barratt, Halfords, Dixons Carphone, and JD Whetherspoon are on the agenda.
Investments and investor services
Market chaos after Brexit vote boosts Plus500
Financial trading group said Friday's volatility sparked record spread-bets and gains in customers
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Brokers pick their winners post-Brexit
Broadcaster ITV was downgraded, as was airline group IAG
Week Ahead: Cash collection in focus at Utilitywise
Utilitwise is keen to align supplier commercial terms to improve cash conversion
FTSE 100 in ton-up mode
Miners lead the march of the blue-chips while among the small caps it is more a case of the salsa
Investments and investor services
London shares take cue from strong Wall Street performance
The FTSE 100 Index rose in early trading after the Dow Jones Industrial Average closed 223 points ahead
Investments and investor services
Plus500 recovers after UK watchdog intervention ends
Market turmoil sparked by low oil prices and geopolitical events resulted in strong start to 2016
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Copper concentrate to become increasingly important to Anglo Asian Mining
Also covered: BHP Billiton, Centaur Media, Kingfisher, Reckitt Benckiser
Investments and investor services
FTSE 100 ends lower; Home Retail lifts on bid talk
The group, which also owns Homebase, could fetch up to £1bn according to reports
Falling commodity prices weigh on Footsie
The FTSE 100 Index fell 26 points to 6308 at lunchtime
London shares fall as falling commodity prices hit miners
The Footsie and mainland European indices fell despite upbeat eurozone data
Investments and investor services
Risers & Fallers: Stratmin Global, Summit Therapeutics, Superglass, Mitie Group, InternetQ and more
Below are the main news-driven share price movements at 4pm.
Playtech first-half profits rise but third quarter revenue dips
Playtech's average daily revenue early in the third quarter fell 2% versus the second quarter
Investments and investor services
FTSE 100 down 18 at lunch, Plus500 starts unfreezing accounts
London's blue chips were led lower by miners after weak chinese data and downgrades from Societe Generale.
Investments and investor services
Plus500 shareholder Odey says it will oppose Playtech bid
In the latest twist to Playtech's offer for troubled trading shop Plus500 (LON:PLUS), its largest shareholder with over 25%, said it would oppose the bid. The Playtech offer, unveiled on Monday, valued the Aim-quoted company at 400p a share
Investments and investor services
FTSE 100 loses ground after early surge
The FTSE 100 slipped back from this morning’s gains
Investments and investor services
Playtech to buy Plus500 for £460mln
Playtech is to buy Plus500 at a 48% discount to Plus500's share price two weeks ago after a dramatic fall from grace for the company.
Investments and investor services
FTSE 100 jumps 50 points early
The FTSE 100 made a big rebound from Friday's fall as it climbed back above 7,000.
Investments and investor services
UPDATE - Plus 500 shares advance as it works ‘full speed’ to unlock accounts
The market is begining to count the actual costs of Plus 500's account freeze, which could yet last a further month, though the share appears to be finding some support as US hedge fund, and major shareholder, Odey Asset Management has incr
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