IG Group and CMC Markets Weigh in on ASIC CFDs

Two large brokers whose business is exposed to Australia published official statements regarding the implementation of the new product intervention measures outlined by the ASIC earlier today. Both CMC Markets and IG Group are stating that they do not expect any material changes in the long run. That said, one […]

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TradeTech Revenue Drops as ESMA, Low Vol Bite

PlayTech, the owner of retail brokerage group TradeTech, released its financial results for the first half of 2019 on Thursday. The report provides some insights into TradeTech’s own financial performance. Based in London, the group operates retail broker Markets.com, liquidity provider CFH Clearing and acts as a technology provider. London […]

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Plus500 Co-Founder Buys £3.3mln Worth of Shares

Fresh on the back of a multi-million buyback announced last week, shares of the retail brokerage company, Plus500, are gradually continuing to move higher. The latest positive news item for the stock is a significant purchase on part of two senior executives at the company. One of the co-founders, Alon […]

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Victim of Greek Madoff Files Appeal in the UK

You might have become well aware of a case which Finance Magnates covered extensively a couple of years ago. A ponzi scheme run by George Daskaleas allegedly defrauded Greek investors by convincing them that it he’d successfully been trading on the foreign exchange market. Unlike Bernie Madoff, he didn’t manage […]

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