Plus500 Ltd - Haifa, Israel-based trading platform provider - Expands US futures market business with new contract with Chicago-based trading education and evaluation platform provider TopStep LLC. Under the deal, Plus500 will exclusively provide clearing and technology infrastructure for Topstep Brokerage and the wider Topstep business. The partnership supports Topstep's transition from an educational platform into a full-service brokerage. Topstep's users will be given direct access to the live exchange markets of CME Group Inc via Plus500's clearing, order routing, and risk management technology. Read More
(Alliance News) - Plus500 Ltd on Monday reported a decline in third quarter revenue, but highlighted progress at its US futures offering. Read More
(Alliance News) - B&M European Value Retail cuts its profit guidance following an accounting error and says Chief Financial Officer Mike Schmidt will step down, while Bank of Ireland and Secure Trust Bank may increase provisions linked to the UK motor finance redress scheme. AstraZeneca announces a drug approval in the US. Read More
(Alliance News) - Plus500 Ltd on Tuesday said it has secured a new clearing membership with ICE Clear Europe, part of exchange operator Intercontinental Exchange Inc. Read More
Plus500 Ltd - Haifa, Israel-based trading platform provider - Receives authorisation to enter Colombian market from the Colombian Financial Superintendence, which it calls "another significant milestone". Plus500 will establish a new representative office in the country. "The new Colombia office will allow the group to establish enhanced relationships with local stakeholders and to ultimately deliver a localised and more tailored service proposition to Colombian customers in the over-the-counter market," the company says. Chief Executive Officer David Zruia says: "This authorisation represents an important step in establishing our position in Latin America. Plus500 remains focused on delivering long-term, sustainable growth by expanding into new territories, enhancing its technology-led trading platforms, developing innovative new products and services for customers and maintaining the highest regulatory standards." Read More
Plus500 Ltd - Haifa, Israel-based trading platform provider - Starts new USD90.0 million share buyback on Monday, as it completes the USD110.00 million buyback started in February. Plus500 says the new buyback, which was first announced with its interim results last week, will be run by broker Panmure Liberum Ltd and completed by the end of March next year. The USD90.0 million is part of the USD165.0 million in new shareholder returns that Plus500 announced with its results. The remaining USD75.0 million will be paid as cash dividends. The company notes it has USD900 million in cash as of June 30, giving it room to make acquisitions and invest internally for growth, while still providing shareholder returns. Read More
(Alliance News) - The FTSE 100 was called higher on Monday, while constituent Land Securities celebrated "significant early progress" on its strategy after agreeing a GBP245 million disposal. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Plus500 Ltd on Monday said it expects full-year results in line with market expectations as it hailed "great progress" in the first half of 2025. Read More
(Alliance News) - Plus500 announced USD165.0 million of new shareholder returns, while Marshalls maintained its profit outlook, anticipating "no improvement in market activity levels" in the remainder of the year. Read More
Plus500 Ltd - Haifa, Israel-based trading platform provider - Mark Winton, chief executive officer of Plus500UK Ltd, sells 18,600 shares at GBP32.42, worth GBP603,012, on Friday last week. Plus500 says the share sale is for "tax related payments". Read More
(Alliance News) - Stock prices in Europe were higher heading into Monday afternoon, with the mood on the continent largely sanguine as a US tariff deadline looms. Read More
(Alliance News) - Plus500 Ltd on Monday reported profit and revenue growth for the second quarter of the year, and it "remains confident in the outlook". Read More
(Alliance News) - Shell's pre-results teaser revealed it expects "significantly lower" trading results in its Integrated Gas and Chemicals & Products divisions on a quarter-on-quarter basis. Read More
(Alliance News) - Plus500 Ltd on Monday said that it has obtained a licence from the Canadian Investment Regulatory Organisation. Read More
Plus 500 Ltd - Haifa, Israel-based contracts-for-difference trading platform provider - Says it is in an "extremely strong financial position" and confident in the outlook for 2025 and beyond. Notes that its "positive" momentum continued during the first quarter, for which it had reported results last week Monday, beating market expectations. Plus500 says it will continue to pursue its strategic roadmap objectives. "Over recent years, Plus500 has diversified its global operations, through an enhanced product offering and expanded geographic footprint, supported by its class-leading proprietary technology and extremely strong financial position, to enable its continued global success," the company says. Read More