PLUS Markets Group PLC

34 results about this entity

Period: 05 Dec 2005 - 20 Sep 2012

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Plus disposes of derivatives arm

Plus disposes of derivatives arm

Plus Markets has agreed to sell its derivatives exchange to Pipeline Capital, a new company set up by former staffer Clive Connors.

Plus IT team agree buy-out of trading technology arm; shareholder row intensifies

Plus IT team agree buy-out of trading technology arm; shareholder row intensifies

Plus Markets is to sell its technology platform to Forum Trading, a new company whose founder shareholders consist of Hirander Misra, the former co-founder and COO of Chi-X Europe, Tony Harrop, the chief technology officer of Plus Markets Group, Richard Atkins, formerly head of trading system management & development at the London Stock Exchange and all eight employees of the Plus-TS technology team.

Icap lifts Plus purchase price to £500,000 in an effort to win over shareholders

Icap lifts Plus purchase price to £500,000 in an effort to win over shareholders

Icap has moved to appease dissident shareholders looking to derail its acquisition of Plus Stock Exchange by raising the purchase price to £500,000 from £1.

Turmoil at Plus Markets continues as dissident shareholders look to oust executives

Turmoil at Plus Markets continues as dissident shareholders look to oust executives

Dissident shareholders of Plus Markets Group have tabled a resolution to oust the chairman and chief executive over their proposals to sell the small cap exchange business to Icap for £1.

Plus Markets dismisses rival bid to Icap's £1 takeover of Plus SX

Plus Markets dismisses rival bid to Icap's £1 takeover of Plus SX

Plus Markets has turned down a rival bid for small cap exchange Plus SX from Gulf Merchant Bank in favour of an agreed £1 cash offer from interdealer broker Icap.

Icap agrees to buy Plus Exchange for £1 cash

Icap agrees to buy Plus Exchange for £1 cash

Intedealer broker Icap has agreed to acquire loss-making Plus Stock Exchange, the smaller company equity exchange, for £1 in cash.

Icap in talks to buy Plus Markets' exchange business

Icap in talks to buy Plus Markets' exchange business

Icap is in talks with Plus Markets Group to acquire the distressed small cap market's equities exchange business "for a nominal sum".

Plus Markets to wind down business after sales talks subside

Plus Markets to wind down business after sales talks subside

UK exchange operator Plus Markets is to wind down its business after failing to find a suitable takeover partner.

Plus Markets says considering several takeover proposals

Plus Markets says considering several takeover proposals

UK exchange operator Plus Markets says it has had "a number of indicative proposals" since putting itself up for sale in February.

Plus Markets puts itself up for sale

Plus Markets puts itself up for sale

Struggling UK exchange operator Plus Markets has put itself in the shop window, commencing a formal sales process to identify potential investors.

Vardy resigns from Plus Markets

Vardy resigns from Plus Markets

Plus Markets chairman Giles Vardy has stepped down following a shareholder-led revolt to forcibly oust him from the role

Plus Markets faces shareholder revolt

Plus Markets faces shareholder revolt

Plus Markets is facing a shareholder revolt calling for the dismissal of chairman Giles Vardy and the re-instatement of founder Simon Brickles to the board of the embattled company.

Plus launches technology arm; calls on Misra for advice

Plus launches technology arm; calls on Misra for advice

UK trading venue Plus Markets has established a technology arm, Plus Trading Solutions, to sell white-labelled matching engines to European investment banks and brokers.

Brickles exits for good as Plus takes axe to staff numbers and tech

Brickles exits for good as Plus takes axe to staff numbers and tech

Plus Markets has narrowed its first half losses as a new management team embarks on an aggressive cost cutting programme that has seen headcount and technology expenditure slashed and the departure of vice chairman Simon Brickles.

Plus signs with Algo Technologies for systems overhaul

Plus signs with Algo Technologies for systems overhaul

Plus Markets has signed for market data and connectivity systems from Algo Technologies, with a deal for the vendor's matching engine also in the pipeline, as part of a wide-ranging restructuring and cost-reduction exercise.

Plus gets £5.5m Middle East investment

Plus gets £5.5m Middle East investment

Plus Markets says a group of investors from the Middle East has agreed to invest up to £5.5 million for a 19% stake in the UK small and mid-cap exchange.

Plus and London Stock Exchange settle AIM dispute

Plus and London Stock Exchange settle AIM dispute

Plus Markets has dropped its legal action over restrictions on trading in stocks listed on the junior AIM market, after reaching an out-of-court settlement with the London Stock Exchange.

Plus Markets and Direct Edge sign TransAtlantic co-operation pact

Plus Markets and Direct Edge sign TransAtlantic co-operation pact

UK small and mid-cap exchange Plus Markets is to partner with the US-based Direct Edge ECN to explore strategic opportunities for the listing and trading of stocks in US, UK and EU markets.

Chi-X Europe moves into profit

Chi-X Europe moves into profit

Chi-X, the multilateral trading facility that is seeking to break the hegemony of incumbent European exchanges, moved into profitability for the first time in September, just 17 months after launch.

Instinet's Balarkas and Icap's Lyall to keynote at Finexpo

Instinet's Balarkas and Icap's Lyall to keynote at Finexpo

European securities industry leaders will gather at The Brewery in London this week for a 'state of the nation' debate about the future of trading in European markets.

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