Share Name Share Symbol Market Type Share ISIN Share Description
Plus500 LSE:PLUS London Ordinary Share IL0011284465 ORD ILS0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +17.00p +1.61% 1,070.00p 1,067.00p 1,069.00p 1,074.00p 1,042.00p 1,054.00p 343,684 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 265.6 123.1 82.6 14.5 1,225.63

Plus500 Share Discussion Threads

Showing 12351 to 12374 of 12375 messages
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DateSubjectAuthorDiscuss
18/1/2018
12:36
Nurdin I think that ESMA is advisory to all EU regulators but I assume they normally follow. UK might be different given Brexit and decide to do their own thing. They were awaiting ESMA before deciding what to do but might decide to take more note of comments from Industry and Customers
sailing john
18/1/2018
11:51
I wonder if the UK has to follow ESMA regulatory regime now that we are looking to exit Europe?
nurdin
18/1/2018
10:54
Mr M is taking consultation as quite positive!
nurdin
18/1/2018
10:52
Plus have been very nimble in reacting to Regulatory issues - remember the onboarding issue where new customers were switched to Cysec for a short period. They have many potential options - professional status, offering both a regulated and unregulated business in Europe? (if this is possible via a new subsidiary) and of course global expansion which is ongoing (and no doubt other initiatives I haven't thought about). Plus's big advantage is the speed with which they can change their business and their global reach. I sold out before Christmas for 4 weeks nervous about PLUS's exposure to crypto long positions but they coped with that delivering ahead revenue and profit and 150k new customers in Q4 so I jumped back in. I have since the end of November been monitoring how they have been managing their crypto exposure and they are now changing buy/sell limits on a daily (hour by hour) basis with short duration contracts and biased premiums (+ve premium for short positions) on cryptos Mr M doesn't know what to make of ESMAs latest announcement! Too many unknowns I suppose!
sailing john
18/1/2018
10:46
Worth reminding ourselves of these extracts from the 10th Jan RNS ? Asaf Elimelech, Chief Executive of Plus500 said: "The guidance contained in the FCA's letter today is not directly applicable to our business model. However, we take note of the FCA's comments and guidance and we continue to ensure best practice compliance with the current regulatory regimes in all the jurisdictions in which operate. Whilst the FCA issued this "Dear CEO letter" to all CFD providers, Plus500 did not receive any individual communication on the review findings as it does not and has never offered its products via these routes.
metis20
18/1/2018
10:25
The proposals range from a Crypto 5:1 leverage limit to a ban. The 5:1 limit already in place for Cysec (most of Europe anyway for PLUS - introduced Oct 2017) btw - I agree re Crypto limits - most new crypto customers likely to be looking for an easy way to invest in Bitcoin etc. Much easier via CFD than Crypto exchange/wallet etc. that most including me wouldn't know how to set up - or trust!
sailing john
18/1/2018
10:19
any views on likelihood of ESMA banning crypto CFD's? FT article mentions "possible ban on crypto-products" https://www.ft.com/content/8dc19b80-fc2c-11e7-9b32-d7d59aace167
dennislevine
18/1/2018
09:50
Ah..I see ESMA has reared its head again...this time initiating consultation process on its original proposals. https://www.leaprate.com/forex/regulations/esma-cfd-trading-rules-crypto-leverage-limit/
nurdin
18/1/2018
08:57
Yes - Mr M doesn't know how to value!
sailing john
18/1/2018
08:39
Any reason for the fall this morning anyone?
nurdin
17/1/2018
11:18
Yes crypto mini crash yesterday? and still falling slowly - If anything PLUS exposed on the long side so good for Revenue and volatility always good. Crypto traders now have a choice, buy the dip or sell the further fall? Or I suppose sit on hands for a few days! I expect most will wait for the turn as they want to be long. Hopefully some will get tempted by the opportunity to own 50 ounces of gold instead of a bit of machine code! GL - SJ
sailing john
17/1/2018
09:31
A welcome bounce..wonder if there is anything behind it..
nurdin
16/1/2018
18:50
sj - was that really 2015? wow how time flies..
pbutterworth1
16/1/2018
15:11
Crypto mini crash - some commentary/theories here hTTps://www.financemagnates.com/cryptocurrency/news/analysis-cryptocurrency-investors-see-red-worried/ I see McCrum back at FT Alphaville today and couldn't resist posting a link from 2015 re PLUS (yes 2015!) - you know that rubbish produced by the one and only (and I mean one and only since he is a one man band!) Jacob Ma-Weaver! of Cable Car Capital! Was there legal action against Ma-Weaver back in 2015? I can't remember but I note that there is now a warning on his PLUS articles from 2015 "This content is not directed toward persons with residence or place of business in the United Kingdom." presumably McCrum failed to bother reading this before posting the link on FT Alphaville!? lol Not even discussing PLUS! 11.57am - hTTps://ftalphaville.ft.com/marketslive/2018-01-16/
sailing john
16/1/2018
12:12
Just done it... thanks
nurdin
16/1/2018
11:59
Nurdin - The current proposals re leverage 30* max are in the price (mostly) The consensus view is that it is too low for currencies and commodities with low volatility so I'm hopeful that it might be revised upwards (weren't FCA talking about 50*?) Anyway it is up to individual regulators what they do and won't affect PLUSs massive crypto market which is largely already capped (rightly so imo) at 5:1 by Cysec although FCA and others? haven't yet capped. ESMA still in public consultation phase afaik and you can have your say via Leaprate (as I have) here hTTps://www.leaprate.com/esma-rules-questionnaire/
sailing john
16/1/2018
10:40
Indeed. Wish ESMA would come out with their recommendations now...the anticipation is choking the share price!
nurdin
16/1/2018
08:46
Massive fall in all major cryptos today 15-20% approx (recovering a little now off 10-15%) PLUS still appear to be encouraging sellers (contract size, premiums etc.) so I assume any imbalance will (on this occasion) work in their favour Most importantly though volatility in either direction is good for business! SJ
sailing john
12/1/2018
10:32
"Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced that it will report better-than-expected results for the second half of 2017 (when final results are released in early March)." Due mainly to crypto trading - hTTps://www.leaprate.com/forex/brokers/swissquote-positive-earnings-surprise-2017-cryptocurrency-cfd-trading/
sailing john
11/1/2018
15:28
Doesn't seem to be slowing down either, with all the new currencies coming in its just drawing more attention to whole cryptocurrency system, of which PLUS cater for the main ones.
michaeljames1
11/1/2018
14:50
Doesn't look like worldwide interest in cryptos is fading - 240k new customers in an hour for Binance (after temp closure 5th Jan) and up to 2 million in a week put PLUS's remarkable 150k/quarter into perspective. hTTps://www.financemagnates.com/cryptocurrency/news/binance-ceo-claims-quarter-million-new-users-one-hour/ And - Bitcoin CFD pair BTCUSD has become most traded instrument on Leverate platform in 2017 0.5% in Jan 17 to 42.5% in Dec 17! hTTps://www.leaprate.com/cryptocurrency/trading/bitcoin-btcusd-pair-become-traded-instrument-leverate-platform/
sailing john
11/1/2018
14:00
I think it is the concerns about the upcoming EASMA report that is causing some nervousness.The report should be out soon...
nurdin
10/1/2018
21:33
Agree with the view that this should be good for the large incumbents (Plus, IG and CMC). It's also important to remember that regardless, Plus has a much more diversified revenue stream with only 20% of revenues from the UK unlike IG that has more like 45% of revenues from the UK
aakash30
10/1/2018
20:16
I have read that letter and all the guidance. Pretty tedious. Sometimes it's better to consider the wider priciples. In essnece PLUS sits outside pretty much the crux of FCAs targeting in this letter (although it discusses other issues too). Furthermore some of the "competition" for client money does NOT. What does that correlate to in my "simple equation of effect"? Answer: Bad for the competition = good for PLUS. Ironically, as news goes, today's was pretty tidy for those CFD providers who do not offer and distribute CFDs to retail customers advisory or discretionary portfolio management basis. NOT so good for those that do. The rest of the "news" was already in the market...and thus in the price. Where does the letter leave the wider issues mentioned. Well again we've talked about it before. The FCA really is sayiing that proffessionals and retail clients need different protection and therefore leverage limits. There is a reduction therefore in profitablility for providers (in theory). Again, however this is OLD NEWS.
thorpematt
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