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Daily Dose of Broker News: UK Focus

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Plus500 Boosts Shareholder Value with $100 Million Share Buyback Mar 14 2024    
Plus500 allocates $100 million for share buyback, reaffirming commitment to shareholders amidst market dynamics.
Valutrades CFO Liam Bonfield Steps Down After Eight Years Mar 13 2024    
Valutrades has parted ways with Chief Financial Officer (CFO) Liam Bonfield following his contribution to their volume growth and brand enhancement over eight years.
HYCM Under New Management: Longtime Executives Lead Management Buyout Mar 8 2024    
HYCM sees a management buyout led by Roger Bach and Stavros Lambouris, signaling a new era for the brokerage brand.
Trading 212 Set to Launch 212 Card, Enabling International Transactions for UK Users Mar 6 2024    
Trading 212 is gearing up to introduce card services in the UK, as revealed in a recent LinkedIn post by the company.
XTB Sets Sights on £400 Billion UK Market with Upcoming ISA Application Mar 4 2024    
XTB is targeting the lucrative £400 billion market in the UK. With plans to submit an ISA application in the coming weeks, the company anticipates a "strong take-up."
Charlie White-Thomson Steps Down as UK CEO of Saxo Bank Forex Broker Mar 1 2024    
Saxo Bank announces it is parting ways with Saxo Markets UK CEO Charlie White-Thomson after five years of contributing to strengthening its governance.
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CMC Markets Witnesses 18% Surge in Shares Following Layoffs Feb 29 2024    
CMC Markets shares surges 18% as cost-cutting measures, including layoffs, drive optimism for improved profitability.
CMC Markets Announces 17% Workforce Reduction in Effort to Boost Annual Turnover Feb 29 2024    
For cost reduction and efficiency plans, CMC Markets decided to reduce its workforce by approximately 200 positions, representing 17% of its staff.
Vantage Extends Partnership with NEOM McLaren Extreme E Team Feb 27 2024    
Vantage and NEOM McLaren Extreme E Team have renewed their third year of sponsorship following the addition of drivers Cristina Gutiérrez and Mattias Ekström into the team.
XTB Forex Broker Boosts UK ETF Investments with New Auto-Invest Feature Feb 21 2024    
XTB launches auto-invest feature, promoting passive investment strategies in the UK. Let's explore flexible options for ETF investments with XTB's Investment Plans.
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