On Wednesday, J.P. Morgan once again lowered its stake in retail FX company Plus500, cutting it below 6%.
The attractiveness of Plus500 was at the peak, when it successfully entered into London Stock Exchange’s Alternative Investment Market during 2014. J.P. Morgan cosntantly changed the amount of Plus500's shares according to its investment policy, moving from over 14% at the top last year, to even 4.66% in February 2015.
Following the transaction which took the firm’s shareholding to 5.99%, JP Morgan holds 6,885,232 shares in Plus500 now.
