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Tag Archives: Plus500

Belgium – Plus500 reaches agreement with FSMA in Belgium

The Financial Services and Markets Authority (FSMA) in Belgium has agreed to a settlement with Plus500 of €550,000. The Israeli-based online trading services provider Plus50 offered CFDs on Belgian territory without the requisite prospectus. In addition, Plus500 did not submit to the FSMA for approval any advertisement or other document relating to the public offer….

Israel – Playtech buys Israeli spread betting company Plus500

Playtech has bought Israeli spread betting firm Plus500 for around £460m in a deal that represents a ‘unique’ opportunity for Playtech, due to Plus500’s market reach. The deal values Plus500 at almost half the £862m it was valued at before the UK’s financial watchdog ordered an overhaul to the company’s anti-money laundering procedures just a…