Playtech
January 21, 2022 BY Steffy Bogdanova

JKO withdraws acquisition offer for Playtech

Aristocrat Offer The Board of Directors of Playtech unanimously recommends that the shareholders vote in favour or Aristocrat Leisure’s offer. Playtech’s Court and General Meetings, where the shareholders can vote on the acquisition offer and on the Playtech Resolutions will be held on 2 February 2022. Playtech’s BoD has shared concerns that it still seeking…

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January 21, 2022 BY Steffy Bogdanova

ASIC to work with 5 Regtech firms to tackle corporate disclosure challenges

The five companies will help ASIC analyse the corporate disclosures and other company datasheets. They will identify and assess compliance by listed companies with a range of requirements, such as continuous disclosure, financial reporting obligations, and the prohibition against deceptive disclosures and security price manipulation. Funding Each of the five small-to-medium regtech enterprises (SMEs) will…

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Acquisition
January 21, 2022 BY Steffy Bogdanova

Fintech Public.com acquires data visualization platform HyperCharts

Galileo Russell, said: One chart is worth 1,000 numbers. We built HyperCharts to make financial analysis easy, fun, and approachable for the masses by turning complex SEC filings into simple, interactive charts. I’m so excited to partner with Public to expand the capabilities of our financial visualization software. HyperCharts’ mission to democratize financial markets and…

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January 20, 2022 BY Steffy Bogdanova

GK Trade New York names Selim Sari CEO

Sari will focus on GKG’s expansion in the US and on developing partnerships with brokers to enable GKG’s international clients to access the US market. Engin Çubukçu, GKG’s Chairman, said: Selim’s appointment marks a further important milestone in the development of our US business. He will spearhead GK Trade New York’s expansion in the country…

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January 20, 2022 BY Steffy Bogdanova

Gold-i selected by Modus.Trade for crypto fund management

Modus.Trade’s strategies are built using MetaQuotes language which makes MT5 a perfect fit as a trading platform. MT5 also has a strong audit trail and is an easy-to-use platform for trading digital assets. Tom Higgins, CEO, Gold-i added: We have always seen ourselves as a pioneer in the digital assets world, having launched our Crypto…

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January 19, 2022 BY Steffy Bogdanova

FCA strengthens rules on promotion of high-risk financial products

Under the new rules FCA is proposing, the regulator would ensure firms that approve and communicate financial marketing have relevant expertise and understanding of the investments being offered. The FCA will also have them improve risk warnings on ads and ban incentives to invest such as new joiner or refer-a-friend bonuses. Moreover, customers looking to…

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January 19, 2022 BY Steffy Bogdanova

Peer Joost becomes CEO of DIGITEC, Hans-Jürgen Joost retires

Peer Joost, CEO of DIGITEC, commented: I would like to formally recognise my father’s contribution to DIGITEC’s growth over the last 40 years. As CEO, he led a team which successfully navigated the Scandinavian banking crisis, the dot-com bubble and global financial crises, reinventing our products and services to satisfy the changing needs of the…

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