Plus500 splashes cash on investors after US expansion bears fruit Fintech Plus500 has kicked off another round of bumper returns to shareholders after delivering its highest customer income in five years following expansion into the US market. The FTSE 250 fintech recorded revenue of $462.9m for the first half of the year, up 12 per cent year-on-year. Meanwhile customer income, which measures revenue generated directly from [...]
Plus500 revenue surges as US prediction markets drive growth Investing Plus500 reported a rise in revenue after the trading platform pushed into the surging US prediction markets. Revenue reached a three year record high, increasing 12 per cent year on year to $462.9m (£346m). The firm also pinned the performance on “heightened market volatility”. Earnings before tax remained flat at $187.5m, after growth was offset [...]
Surely Gary Stevenson is smart enough to know a wealth tax won’t work? Opinion Britain's self-styled greatest inequality economist, surely Gary Stevenson knows his two per cent levy won't work, writes Damian Pudner.
10 years on from Brexit, traders shouldn’t forget the power of comms June 23, 2026 A decade on from Brexit, and its Big Short style market swing, traders should remember the importance of comms, writes ex-rates trader Oliver Blower.
Starmer drama: Traders bet against UK as short-selling on pound and banks surges May 14, 2026 Traders are betting against the UK as the political storm in Westminster continues to send jitters through asset markets. The pound has tumbled to a two-week low against the dollar, clinging onto the $1.35 mark on Thursday morning. Meanwhile, figures from IG revealed that short-positioning on the pound-dollar, a bet that the price will further [...]
Revolut bags watchdog approval to beef up UK wealth offering May 14, 2026 Revolut has received the regulatory green light to bulk up its wealth management offering, marking one of its first major expansions in the UK after bagging its banking licence. The $75bn juggernaut’s trading arm has secured a Variation of Permissions from the City watchdog, which allows the firm to broadened the scope of regulated activities [...]
How are prediction markets like Polymarket more accurate than Wall Street analysts? May 7, 2026 Prediction markets like Polymarket are more accurate than Wall Street analysts in forecasting corporate earnings, but it's not for the reason you think.
Banning payment for order flow is an EU blunder the UK shouldn’t repeat April 29, 2026 As the EU looks to impose a full ban of payment for order flow, Sylvain Thieullent argues why that would be misguided for the UK.
JP Morgan shifts Paris jobs back to London in Brexit shake-up April 28, 2026 JP Morgan is relocating a number of roles at its Paris hub to London in a rethink of policies introduced in the wake of Brexit. The Wall Street titan is shifting a handful of trading roles to London after over-estimating the number of EU-based staff it would need to meet post-Brexit rules. Along with EU [...]
Wall Street banks’ $40bn haul overshadowed by economic threats April 15, 2026 Wall Street’s top banks are toasting a record revenue haul this week, but industry chiefs also struck a note of caution after bumper profits were driven by market volatility. JP Morgan led the pack with a net income of $16.5bn in the first-quarter of the year, up 13 per cent from the same period in [...]