In its worst trading day in nearly a decade, shares of online gaming and financial trading systems provider Playtech PLC (LON:PTEC) traded down by more than 22% on Thursday after reporting a surprisingly negative Trading Update for the second half of 2017 earlier in the day. Playtech shares closed Thursday at £7.68, down 22.2% from Wednesday's…
Read more
Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has issued a Trading Update on its second half 2017 results, ahead of an event for investors and analysts being held in Riga, Latvia on November 14, 2017. (Playtech did state that no new material information will be disclosed at the event). Playtech stated that Tradetech…
Read more
Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced the acquisition of BetBuddy, which provides gambling analytics solutions. Terms of the acquisition were not disclosed. Playtech stated that its strategy is to acquire complementary technology which extends its software and services offering to the gambling industry’s leading operators. The integration of BetBuddy’s behavioural identification…
Read more
Once again, all the key Forex Industry News stories appeared this past week only at LeapRate. (Or, were soon after copied by other blogs :-) ). Which longtime IG Group Holdings plc (LON:IGG) executive was hired as the new CEO of leading Australia Retail FX broker Pepperstone? Which major city held a coordinated police raid on…
Read more
Spotware Systems, the developer of the popular cTrader trading platform has announced a new integration with leading FCA regulated institutional multi asset liquidity provider TradeTech Alpha. TradeTech Alpha was created by the $150 million acquisition of FX and CFD market maker and B2B liquidity provider Alpha Capital Markets by Playtech PLC (LON:PTEC), which closed earlier this…
Read more
Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that it has closed its previously announced acquisition of market maker ACM Group Limited (Alpha). The deal was completed as a sale of assets from ACM. In August Playtech revealed its agreement to acquire the fast-growing privately held Alpha, in a structured transaction…
Read more
FCA regulated FX Prime of Prime brokerage and liquidity provider CFH Clearing has announced that it is rolling out liquidity in Bitcoin through FIX and MT4, and will soon be adding Ethereum, Litecoin and Dash. The products will be treated as CFDs so there is no delivery of cryptocurrencies or a need for clients to…
Read more
FCA regulated FX Prime of Prime brokerage and liquidity provider CFH Clearing and MetaTrader trading platform developer MetaQuotes have announced that CFH Clearing will now offer MetaTrader 5 (MT5) to clients. According to CFH Clearing top management, this latest addition maps onto its strategy of offering flexibility and choice to clients, with access to the very…
Read more
It looks like Playtech PLC (LON:PTEC) does indeed have big plans for its recently acquired FX technologies arm CFH Systems. Further to our exclusive coverage that Alex Mackinnon had left his longtime position as General Manager of AxiTrader and head of its institutional FX arm AxiPrime to join CFH Systems, CFH today announced that it is…
Read more
We normally list the week's key executive moves at the bottom of our weekly FX Industry News summary. However this week saw an extraordinary number of hires and departures involving CFH Systems, AxiTrader, Pepperstone, ADS Securities, CMC Markets Plc (LON:CMCX) - with all these moves being exclusively reported at LeapRate. (What was everyone else writing…
Read more