Playtech closes on 80% of Snaitech, begins offer for remainder LeapRate

June 06, 2018 BY LeapRate Staff

Playtech closes on 80% of Snaitech, begins offer for remainder

Online gaming and financial trading company Playtech PLC (LON:PTEC) has announced that it has completed the acquisition of 70.6% Italian gaming company Snaitech. Playtech said that it has also separately acquired 9% of Snaitech's issued share capital through market purchases, since the original announcement of the €846 million acquisition was made on April 12, 2018. Therefore,…

June 06, 2018 BY Valentina Kirilova

AFS licensee Allied Financial Solutions fails to meet compliance

Australian regulator Australian Securities and Investments Commission (ASIC) has announced earlier today that Australian financial services licensee Allied Financial Solutions Pty Ltd (Allied) will undergo an independent external review of its record keeping, supervision and compliance arrangements following an ASIC surveillance. During a surveillance of an Allied authorised representative, ASIC found that Allied had failed…

June 06, 2018 BY LeapRate Staff

Invast Global becomes AFMA member and commits to the FX Global Code

Sydney, Australia based boutique prime broker Invast Global has announced that it has signed and issued a Statement of Commitment to the FX Global Code of Conduct. The announcement comes shortly after the firm was officially voted in as an institutional member of the Australian Financial Markets Association (AFMA). The Australian Financial Markets Association (AFMA) was…

June 05, 2018 BY Valentina Kirilova

Thomson Reuters Exec leaves to fight financing of terrorism in cryptocurrency

iComply Investor Services, a RegTech software company offering global regulatory automation service for blockchain securities, has just announced that Greg Pinn, head of World-Check for information giant Thomson Reuters (NYSE:TRI) has resigned from his post to lead product strategy for iComply. Since 2009 Mr. Pinn led product development, technology, and strategy for World-Check, both before…

June 05, 2018 BY Valentina Kirilova

Cryptocurrency trading educational platform Bitcoin.live launches

New Bitcoin and cryptocurrency platform, Bitcoin.live, has just launched globally. Focused on providing insight and educational tools from analysts within the industry, with the end of goal of helping subscribers to improve their trading portfolios, Bitcoin.Live will cater to all cryptocurrency traders, as well as those with little to no experience. The educational platform is…

June 05, 2018 BY Mariela Naydenova

Coinbase with office in Japan

With the growing popularity of cryptocurrencies around the world, Coinbase is launching an office in one of the crypto "heavens" nowadays - Japan. Coinbase is currently present in more than 30 countries, and the company's decision to expand to Japan is a serious strategic strike for Coinbase's future plans to grow its client base and…

June 05, 2018 BY Valentina Kirilova

Former Apollo Group CIO Bob Carroll joins Dash Core Group

Dash, the digital currency for payments, has just announced that IT industry veteran Bob Carroll has joined as the new Chief Technology Officer (CTO) of Dash Core Group. As CTO, Carroll will be in charge of leading the continued development of the Dash network and its products, including the development and launch of Dash’s Evolution…

June 05, 2018 BY Valentina Kirilova

INTL FCStone introduces web-based platform FXePrice

INTL FCStone Inc. (NASDAQ: INTL) has just announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division ("the Company"), has introduced FXePrice, a proprietary web-based platform allowing the Company's local currency liquidity providers to streamline executable prices in 140 currencies and 175 countries. The Company has released the platform to select members of its…

June 05, 2018 BY Valentina Kirilova

OSC charges individual with fraud

The Ontario Securities Commission (OSC) announced today that David Singh of Richmond Hill, Ontario has been charged with fraud and related offences under the Securities Act (Ontario) following an investigation by the OSC’s Joint Serious Offences Team (JSOT). Mr. Singh has been charged with the following offences under the Securities Act: one count of trading…

June 05, 2018 BY Valentina Kirilova

STS Group AG just listed on the Frankfurt Stock Exchange

STS Group AG (DE000A1TNU68) was just listed on the Frankfurt Stock Exchange today, Deutsche Börse announced earlier. The automotive supplier is now in the Prime Standard segment and achieved an initial listing price of €24.00, following an issue price of €24.00. This takes the number of IPOs in Frankfurt since the beginning of the year…