Playtech finalto
June 15, 2022 BY Steffy Bogdanova

Playtech secures regulatory approvals for the sale of Finalto

The group also detailed that the completion of the deal is a step to simplify its strategy. Playtech shared that it aims to focus on technology-led offering as a pure-play business in the B2B and B2C gambling markets. Meanwhile, Playtech is currently in talks over its acquisition of Gopher’s parent company TTB Partners, group of…

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June 15, 2022 BY Steffy Bogdanova

Marex in talks with OTCex Group to buy voice brokerage activities

The potential acquisition offers a number of options for both parties to collaborate. Access to Marex’s global infrastructure and balance sheet will be beneficial to OTCex. And the addition of OTCex will strengthen Marex’s capabilities in Equities and Fixed Income. According to the official press release, the final agreement is expected after consultation with the…

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Daily Market Commentary
June 14, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices rise as tight supply continues to squeeze an already tight market

Gold Gold prices bounced back from multi-week lows reached during early Asian trading this Tuesday. The precious metal is under pressure from rising bond yields and a strengthening dollar, as the markets react to last week’s release of US inflation, which was the highest in four decades. Investor expectations are shifting to accommodate a more…

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Euronext
June 14, 2022 BY Steffy Bogdanova

Euronext acquires technology businesses from Nexi’s capital markets activities

For over 30 years Nexi has been a partner of MTS and Euronext Securities Milan, powering their technology. Following the completion of the deal, Nexi will continue to provide technology services to Euronext under transitional arrangements and other services under related commercial agreements. Renato Martini, Digital Banking & Corporate Solutions Director at Nexi, said: This…

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June 14, 2022 BY Steffy Bogdanova

Gold-i integrates Crypto Switch with crypto exchange Binance

Tom Higgins, CEO, Gold-i commented: We added Binance due to significant client demand, including from high-growth regions such as Asia. Binance is a fantastic exchange for us to have integrated with. It is the biggest exchange globally and this creates great opportunities for our clients. We have now completed our integration and are certain that…

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June 14, 2022 BY Steffy Bogdanova

Weekly data: markets await the Fed and BoE

On the chart, cable has moved clearly into oversold based on the slow stochastic. The price has been below all three of the 50, 100 and 200 simple moving averages since February. Selling in at the current area would traditionally be considered an unacceptable risk except on a very low timeframe, so awaiting a possible…

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Equinix makes two appointments to its BoD
June 14, 2022 BY Steffy Bogdanova

Equinix appoints Fidelma Russo and Jeetu Patel to its Board

At Cisco, Jeetu Patel serves as its Executive Vice President and General Manager of Security and Collaboration. There, he leads the strategy and development for these businesses. He is also responsible for P&L for this multibillion-dollar portfolio. In this position, he focuses on accelerating the company's transformation and growth. Before joining Cisco, Patel worked as…

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