Tag: TechFinancials Inc (LON:TECH)

September 11, 2016 BY LeapRate Staff

TechFinancials considering options for OptionFair as shares rise 17% ahead of First Half earnings report

LeapRate Exclusive... LeapRate has learned that Binary Options platform and brokerage group TechFinancials Inc (LON:TECH) is considering options for its regulated binary options brokerage brand, OptionFair. The 'options' for OptionFair could take one of several forms, from a sale/spinoff of the company to OptionFair management, the sale of the company to a third party, or (we…

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August 30, 2016 BY LeapRate Staff

Playtech exits Binary Options business, TopOption brand sold to OptionsClick - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that online gaming giant Playtech PLC (LON:PTEC) has made a decision to exit the binary options brokerage business. The company's binary options brand, TopOption, was sold effective August 7 to Leadtrade Ltd, an Israeli run and CySEC licensed company which operates several other binary options brokerage brands including OptionsClick (optionsclick.com), Prestige Option (prestigeoption.com),…

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August 25, 2016 BY LeapRate Staff

Leverate exits Binary Options business, selling its BX8 platform product - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that online trading platforms provider Leverate has stopped selling its BX8 Binary Options platform product. Leverate is continuing to support BX8 for the binary options brokers who are already running it. We've learned from industry sources that Leverate is looking to sell the BX8 platform, along with the current clients running…

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August 03, 2016 BY LeapRate Staff

TechFinancials shares soar 64% after providing First Half 2016 update

Binary options platform provider and operator TechFinancials Inc (LON:TECH) saw its share price soar by 64% on Wednesday, after reporting a brief First Half 2016 Trading Update. The TechFinancials update indicated that EBITDA increased by over 80% from last year 1H, from US$0.55 million to in excess of US$1 million. Relatively rosy comments from TechFinancials CEO Asaf…

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August 03, 2016 BY Valentina Kirilova

TechFinancials' operating performance improves substantially, EBITDA is up 80% in 2016

Binary platform provider and operator TechFinancials Inc (LON:TECH) has issued a statement indicating that its 2016 first half results should be in line with expectations. In addition to the company's previous formal statement, here are some more highlights: Trading in the first half of 2016 has been strong; Operating performance improved substantially compared with the…

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July 05, 2016 BY LeapRate Staff

TechFinancials reports strong First Half 2016, B2B binary options platform Revenues up 30%

Binary platform provider and operator TechFinancials Inc (LON:TECH) has issued a statement indicating that its 2016 first half results should be in line with expectations. TechFinancials released a formal statement which will be delivered tomorrow at the company's annual general meeting, with highlights including: the company's 'B2B' platform business saw Revenues grow 30% YoY TechFinancials…

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May 29, 2016 BY LeapRate Staff

Forex Industry Week Review - SEC bans retail forex, MT4 brokers blackmailed with DDoS attacks, ADS Securities big loss, and lots more

Forex industry news at LeapRate this past week was dominated by regulatory moves, broker results, and news involving China (some good, some bad). Our most popular guest posts covered the pros and cons of fully integrated forex broker platform solutions, How easy is it to become a Prime of Prime, and Google bans Payday Loan ads –…

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