Playtech continues FX acquisition spree, buying AvaTrade for $105 million
... and Playtech doesn't seem done. They also agreed a €200 million unsecured revolving credit facility with Barclays and RBS, to target more acquisitions
Read more... and Playtech doesn't seem done. They also agreed a €200 million unsecured revolving credit facility with Barclays and RBS, to target more acquisitions
Read more"As FastMatch ECN separates its operations from FXCM and moving to bilateral trading mode, we are lucky to have such seasoned staff on board to build a high quality operation" - Dmitri Galinov, CEO, FastMatch
Read moreWindsor Brokers, one of the inaugural pioneers of the Cyprus FX industry, has produced a comprehensive report on its capitalization, ending 2014 at 44%, which is nearly 10% higher than in 2013, and currently five times the minimum required by law and a Tier 1 Equity 19.4% higher than last year
Read more"By enhancing its client security, ayondo aims to respond to the most pressing customer issues insofar as client money being protected by an additional client money insurance of up to £500,000. Additionally, ayondo has confirmed that there is no negative balance funding obligation" - Robert Lempka, CEO, ayondo
Read moreTom Higgins, CEO and Founder of Gold-i describes to Andrew Saks-McLeod his journey from the upper echelons of the institutional FX and exchange technology industry among the giants of London, to driving forward his innovative vision to create cutting edge solutions, and of course, what is yet to come
Read moreGoldman Sachs: "In one year's time, the Euro will be fetching just 95 cents"
Read more“We are confident that relocation of the cTrader infrastructure to NY4 will allow our clients globally to better take advantage of our low latency forex and CFD trading ecosystem” - Andrew Budzinski, Chief Executive Officer, IC Markets
Read moreThe FX industry, despite its global nature, has remained concentrated in specific regions which are now overtly competitive. What about penetrating entirely new areas which are full of opportunity but require development? Four industry executives take a close look
Read moreMoscow Exchange's Committee drew attention to aspects relating to technological reliability, including backup techniques employed by brokers which would allow firms to continue working should an emergency halt in trading occur
Read more