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Are Plus500’s regulatory troubles over?

If the FCA money laundering investigation is complete, this could affect the chances of Playtech’s bid.


Has Plus500 put its regulatory troubles behind it? Sources inform “Globes” that it is believed in London that the renewed examination of the company’s customer verification documentation has been completed. The examination was required by the Financial Conduct Authority in the UK, because of money laundering suspicions. Plus500 has not responded to the report. Plus500, an Israeli company traded in London, specializes in online trading in contracts for difference on securities and commodities, with the company charging a commission on the difference between the buy and sell prices. The regulatory saga began six weeks ago, and led to a sharp fall in the company’s share price from a peak of 7.7 pounds in mid-May to a low of less than 2.2 pounds on May 22. The current price is 3.9 pounds, giving the company a market cap of 447 million pounds, about half its peak value. […]Continue reading

GLOBES logo-eng (1)  Published by Globes [online], Israel business news –

Plus500 was founded in 2008 by six alumni of the Technion Institute of Technology :Gal Haber, Alon Gonen, Elad Ben-Izhak, Shlomi Weizman, Omer Elezri and Shimon Sofer.

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Search Results for: Plus500

Teddy Sagi

By Tali Tsipori On Wednesday, June 10th, 2015

Major Plus500 Shareholder Opposes Sagi Takeover

Playtech Cyprus Ltd.’s (LSE:PTEC) offer to purchase for Plus500 Ltd. (AIM: PLUS) shares was welcomed by the company’s five founders (their consent highlights their lack of confidence in the company’s More…

Teddy Sagi PR

By Ilan Shavit On Monday, June 1st, 2015

Teddy Sagi’s Playtech to Buy Plus500 for $670 Million

Israeli billionaire Teddy Sagi‘s Playtech Plc acquires retail forex trading company Plus500 for about $670 million, in cash, a price way below its $1.31 billion pre-crisis value. Israel-based but London-listed More…

Alon Gonen

By Tali Tsipori On Wednesday, December 3rd, 2014

Alon Gonen: We Want to Make Plus500 Much Bigger

– The online securities trading company co-founder has unusual ideas about money and tax planning. – On one of the walls in the lobby of Plus500’s offices in Haifa is written the sentence, “Love your More…


By Tali Tsipori On Thursday, December 5th, 2013

Plus500 CEO Gal Haber : We’ll Be a $1 Billion Company

– The return on Plus500’s share since its IPO at £1.15 is 140% and CEO Gal Haber sees its market cap doubling. – Plus500 Founders Gal Haber and Alon Gonen – “We had the $500 million market cap milestone. More…


By Globes On Wednesday, August 28th, 2013

Plus500 Reports Impressive AIM Debut Results

– The online trading company has reported first half double-digit revenue and profit growth, which underpin the 18% gain in the share price since its July IPO. – Founders Gal Haber and Alon Gonen – Online More…


By Ilan Shavit On Sunday, July 21st, 2013

CFD Trading Platform Plus500 Raises $25 Million of New Money on London’s AIM

– Trading in the share will begin on Wednesday, July 24. – CEO Gal Haber(R) and his co-founder Alon Gonen (L) – / By Ilan Shavit / Plus500, the developer and operates an online trading platform for More…




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