Publicly-traded Playtech, in which Sagi still holds 33%, will acquire TradeFX - parent of Markets.com, TopOption, ForexYard and other brands - for €208 million cash plus future contingent payments.
Read moreAnother retail forex broker reporting on its post-Swiss Franc crisis position is Cyprus-based broker Markets.com. Markets.com is a subsidiary of CySEC-regulated Safecap Investments Limited, ultimately controlled by Israeli online magnate Teddy Sagi. Markets.com reports 'business as usual', and that the company actually had a profitable trading day in Thursday's session. In addition, the company stated that it is forgiving…
Read moreArsenal Football Club has welcomed Markets.com as an official partner. Named as Arsenal’s official Forex, CFD and Binary Trading Partner, Markets.com will activate the partnership in a number of territories, with a particular focus on Asia where the Gunners have strong support following recent pre-season tours and sustained digital fan engagement. The agreement will afford…
Read moreIsraeli business daily "Globes" is reporting that Israeli billionaire Teddy Sagi has bought another part of Camden Markets in London for an estimated £70-90 million. In March, Sagi bought Camden Stables Market for £400 million. The London market is made up of six sections and now Sagi owns the two largest sections of Camden Market,…
Read moreLeapRate Exclusive... LeapRate has learned that popular online gaming website Winner.com has added Binary Options trading, using the new Keystone binary platform. Keystone is the in-house trading platform of Retail Forex broker Markets.com. It is interesting to note that Markets.com's own binary brand, TopOption, launched using the SpotOption platform. The leading binary options platform providers, including SpotOption…
Read moreAston Markets, based in Bulgaria, claims to be licensed by CySEC but apparently isn't and never was. Cyprus financial regulator CySEC has sent out a release warning investors against Sofia, Bulgaria-based Aston Markets. On its website, Aston Markets claims that it is "licensed by CySEC, regulated under MiFID, as well as the FSA, BdF, CONSOB, CNMV, and BaFin. [Google translation…
Read moreInnovative marketing techniques being used to attract new clients to FX-style trading.
Read moreMarkets.com will become the first customer for Sirix.
Read moreLeverate making it easy for Forex brokers to add certain social functions.
Read moreJoins Saxo Bank and IG Group in growing SA market.
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