Daily news

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    Plus500 has “welcomed” the conclusion of Germany’s financial authority’s consultation on contracts for difference (CFD) trading.

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    Plus500 has confirmed that Penelope Judd is to become the new chairman of its board.

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    FX trading affiliate Investoo Group has acquired financial news website and peer review marketplace Invezz.com.

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    Plus500 has reached a settlement agreement with the Belgium Financial Services and Markets Authority (FSMA) in relation to the public offering of investment instruments, including CFDs, in the country.

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    Foreign exchange affiliate Investoo Group has purchased 100ForexBrokers.com in a deal that the company said represents its largest acquisition to date.

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    IG Group suffered a 15% year-on-year drop in revenue in the UK and Ireland during the third quarter, but was able to report growth in other markets.

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    English Premier League football club Tottenham Hotspur has ended its sponsorship deal with binary options company EZTrader 18 months ahead of its designated expiration date.

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    Ireland is set to follow the UK, Germany and France by clamping down on the retail forex and contract for difference (CFD) markets.

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    French financial regulator Autorité des marchés financiers (AMF) has begun to enforce a ban on the electronic advertising of forex and binary options services.

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    XLMedia has agreed a deal to acquire mobile performance marketing platform ClicksMob Inc.

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    Plus500 has revealed a record full-year financial performance in a preliminary unaudited results posting for the 12 months to December 31, 2016.

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    IG Group published record revenues for the six month period to November 30, 2016.

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    Binary options trader Banc de Binary is to halt all operations and wind down its business for good, according to the FinanceMagnates.com website.

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    Plus500 has agreed to extend its sponsorship deal with Spanish La Liga football club Atlético Madrid.

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    IG Group has responded to the introduction of new advertising regulations by the French Autorité des marchés financiers (AMF) regulatory body, saying it does not believe such measures will have a negative impact on business.

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    Online trading platform FxPro has cancelled an initial public offering (IPO) amid plans by the UK’s Financial Conduct Authority (FCA) to introduce new measures within the spread-betting sector.

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    The German Federal Financial Supervisor Authority (BaFin) has put forward a set of proposed changes to the country’s laws regarding the sales of contract for difference (CFD).

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    Financial trading companies lost almost £2 billion (€2.3 billion/$2.5 billion) yesterday (Tuesday) after the Financial Conduct Authority (FCA) proposed rule changes for firms selling contract for difference (CFD) products to retail customers.

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    The UK’s Financial Conduct Authority (FCA) has today (Tuesday) proposed a new set of rules for firms selling contract for difference (CFD) products to retail customers in an effort to improve standards across the sector.

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    The Cyprus Securities and Exchange Commission (CySEC) has announced a host of new regulations for companies that offer contract for difference (CFDs) and other products such as binary options.

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