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Brokers

LCG UK Increases Revenue, but Net Loss Deepens by 30% in 2022

London Capital Group Limited is part of the currently troubled FlowBank.
However, the company's board is taking actions to ensure profitability in 2024.

Wednesday, 11/09/2024 | 07:25 GMT by Damian Chmiel

Retail FX

LCG’s FCA-Regulated Entity Is Up for Sale

The liquidators of FlowBank revealed their intentions to sell the 100 percent stake in LCG UK.
Meanwhile, they are planning to discontinue the operations of LCG’s Bahamas entity.

Thursday, 29/08/2024 | 07:08 GMT by Arnab Shome

Retail FX

FCA Removes Restrictions from FlowBank-Owned LCG's UK Licence

The introducing broker can now continue to onboard clients and accept funds.
However, the operations of Bahamas-regulated LCG remain ceased.

Thursday, 18/07/2024 | 07:20 GMT by Arnab Shome

Retail FX

LCG’s Bahamas Entity Ceased Operations Citing FlowBank’s Bankruptcy

The broker maintained funds with accounts at FlowBank.
It is now considering that “an emergency or an exceptional market condition exists.”

Monday, 08/07/2024 | 07:50 GMT by Arnab Shome

Retail FX

FCA Restricts FlowBank-Owned LCG from Onboarding New Clients

The UK unit of LCG cannot onboard clients or accept new client money.
The company also urged its “legacy clients” to withdraw their funds.

Tuesday, 25/06/2024 | 06:54 GMT by Arnab Shome

Brokers

London Capital Group Resumes Services after 'Major IT Outage'

All services of the platform, including trading, deposits, and withdrawals, felt the impact.
LCG clients can now access trading platforms.

Monday, 26/06/2023 | 08:03 GMT by Arnab Shome

Retail FX

LCG UK Narrows Losses in 2021 despite 86% Revenue Decline

The trading volume on the platform declined by 58 percent.
It ended the year with 4,461 active clients.

Tuesday, 21/02/2023 | 10:58 GMT by Arnab Shome

Retail FX

LCG Enlists IG Group, to Engage Other ‘Industry-Leading Providers’

The move is part of "major changes" LCG's business is undergoing.
The firm recently created a new team to lead it on "a new growth journey."

Friday, 06/01/2023 | 16:16 GMT by Solomon Oladipupo

Regulation

Liquidators Appointed for London Capital Group Holdings

Paul Atkinson and Glyn Mummery have been appointed as Joint Liquidators.

Wednesday, 26/08/2020 | 07:55 GMT by Celeste Skinner

Executive Moves

Tickmill Appoints Mukid Chowdhury as Group CFO

Chowdhury was the previous UK CEO of London Capital Group.

Tuesday, 31/03/2020 | 07:17 GMT by Celeste Skinner

Executive Moves

LCG Adds Philippe Castellan to Institutional Team

Castellan has taken on the role of Institutional Business Development Desk.

Monday, 27/01/2020 | 15:01 GMT by Celeste Skinner

Executive Moves

Former GKFX CEO Rob Woolfe Heads to LCG as a Managing Director

Woolfe is also the founder of Capital Index.

Wednesday, 22/01/2020 | 13:31 GMT by Celeste Skinner

Executive Moves

Emilio Munoz Launches Fortage Funds

Munoz has launched Luxembourg-based Fortage Funds and will serve as it's Chairman.

Monday, 18/11/2019 | 10:51 GMT by Jeff Patterson

Executive Moves

Eliza Eliadou Joins Scope Markets as Group Head of Compliance

Eliadou was most recently CCO at London Capital Group.

Monday, 19/08/2019 | 07:52 GMT by Celeste Skinner

Executive Moves

Non-Executive Director Julien Cohen Leaves LCG

According to a filing with Companies House, Cohen left the company on the 17th of April this year.

Monday, 29/04/2019 | 14:19 GMT by Celeste Skinner

Executive Moves

Exclusive: Eliza Eliadou to be Next CEO of LCG Cyprus, Source Says

At LCG, Eliadou is the current Chief Compliance Officer based in Cyprus.

Tuesday, 18/12/2018 | 15:02 GMT by Celeste Skinner

Executive Moves

LCG Promotes Panayiotis Theodorou to Chief Information Officer

Previously, Theodorou was Head of IT operations, a position he has held since January.

Friday, 19/10/2018 | 12:19 GMT by Celeste Skinner

Brokers

Exclusive: LCG Cyprus CEO and Group COO Andreas Kontos Resigns

After leading the company through some difficult times during the past two years, Kontos is leaving the brokerage

Thursday, 04/10/2018 | 15:21 GMT by Victor Golovtchenko

Brokers

LCG Experiences 54% Increase in Revenue in H1 2018

The London-based brokerage has published its H1 2018 interim report, revealing a solid start to the year.

Tuesday, 02/10/2018 | 09:47 GMT by Celeste Skinner

Brokers

Charles Henri Sabet Steps Down from LCG as Firm Posts £3m Loss in 2017

Thursday, 31/05/2018 | 16:12 GMT by Victor Golovtchenko

Executive Moves

LCG Capital Appoints Compliance Expert Olivia Blanchard to Board

The board of directors of the London-headquartered brokerage company adds an experienced professional.

Tuesday, 27/02/2018 | 12:05 GMT by Victor Golovtchenko

Executive Moves

Nicholas Lee and Former CEO Frank Chapman Part Ways with LCG

LCG shareholders approved the company’s delisting from ‎the London Stock ‎Exchange earlier this month.‎

Friday, 23/02/2018 | 17:37 GMT by Aziz Abdel-Qader

Brokers

LCG Calls February Shareholder Meeting to Cancel its LSE Listing

The vote will require the approval of 75 percent of the shareholders of the company

Monday, 08/01/2018 | 13:21 GMT by Victor Golovtchenko

Brokers

Breaking: LCG Top Shareholders Preparing to Delist the Company from LSE

LCG prepares to list on the NEX Growth Market following a shareholder vote.

Friday, 22/12/2017 | 12:17 GMT by Victor Golovtchenko

Brokers

LCG Shares Trading Live on NEX Growth Market - LSE Delisting in the Cards?

LCG's admission to NEX Growth Markets could signal that delisting from LSE is forthcoming.

Wednesday, 13/12/2017 | 09:38 GMT by Jeff Patterson

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