Forex accounts will be assigned to TradeKing Forex, to act as an introducing broker, whereas GAIN Capital will retain custody of FX accounts and will provide the necessary clearing.
Read moreThe company has signed £1.35 billion ($2.07 billion) facility with a syndicate of banks to provide financing for the proposed merger with Coral.
Read moreThe first draft prospectus has been submitted to the UK Listing Authority. If the final document is posted in November 2015, as expected, and regulatory approvals are received, the deal should completed in early 2016.
Read moreMr Fahy will join Ladbrokes' Executive Management team and will report to the group's Chief Executive Jim Mullen.
Read moreFollowing communication with the Central Bank of Ireland, which has opposed the proposed acquisition of FX broker AvaTrade by Playtech, the company will be formally contesting the regulatory objections.
Read moreThe acquisition of Molten Markets will allow EBS BrokerTec to provide asset managers with a sophisticated execution management system and innovative trade cost analysis.
Read morePlaytech is now seeking clarification on the reasons for the objection and is about to discuss the issue with the CBI.
Read moreThe acquisition enhances Markit’s Information and Solutions businesses and extends its capabilities into prime brokerage.
Read moreFinLab, whose name is changed to DAM as a result of the acquisition, will relaunch in Q4 of 2015 as a wholly owned subsidiary of Divisa Capital.
Read moreThe sale was done for shares, meaning that Spotware's shareholders will now hold an approximate 5% stake in LCG
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