Recently acquired TradeFX (Markets Limited) generated revenues of $48.2 million in the first half of 2015, up 60% from the equivalent period a year earlier.
Read moreWith 99.99% of the votes cast in favor of the deal, Playtech shareholders approved the proposed $105 million acquisition of retail Forex broker AvaTrade.
Read moreThe $105 million acquisition will require the Playtech shareholders' approval at a General Meeting to be held on July 28, 2015.
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 moreHungarian traders can now learn more about the services of the broker in their native language, whereas AvaTrade expands its services further into this promising European market.
Read moreApparently, the only correct information among the rumors circulating is indeed that AvaTrade is in a strong financial position and has had an excellent start to the 2015 fiscal year.
Read moreAvaTrade reports it's financial position remains strong and reaches out to new prospective partners
Read moreWild volatility is back in Bitcoin-land, as premier Bitcoin exchange Bitstamp was hacked, $5M in Bitcoin was stolen, and Russia starts banning Bitcoin related websites.
Read moreFurther to our article yesterday regarding an email that went out from PowerOption, stating that the company was being shut down, PowerOption and its parent, Ireland-based parent AvaTrade put out a statement clarifying the situation. In brief, PowerOption is alive and well and remains open - and indeed remains one of the few CySEC-regulated binary options…
Read moreLeapRate Exclusive... The marketing department at AvaTrade's binary option brand PowerOption has informed current clients and affiliates that the brand will no longer continue as of tomorrow.
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