Playtech warns it might sell all or part of its TradeTech unit LeapRate

November 29, 2019 BY Valentina Kirilova

Playtech warns it might sell all or part of its TradeTech unit

Online gaming and financial trading giant Playtech PLC (LON:PTEC) has released a trading update last Friday, warning its full-year earnings will not meet analysts’ expectations. The company added that it may try to sell its underperforming spread-betting unit. According to Playtech’s latest update, the company is reviewing options for its Casual and Social Gaming business including a…

November 29, 2019 BY Valentina Kirilova

UK FCA warns against several unauthorised companies

The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are OMC Markets, First Allied Advisory Services, Codrington UK, Airborn Investments, FXFinest, Investor Shield, and Trade 100 FM. According to the regulator, the fraudsters are using or giving out the…

November 29, 2019 BY Valentina Kirilova

Daily Market News: Asia slides while US enjoys thanksgiving

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 29, 2019. The text below is an excerpt and does not contain the full analysis. US stock markets were closed on Thursday for the Thanksgiving holiday, and the session on Friday will end early, at 13:00…

November 29, 2019 BY Valentina Kirilova

Skrill adds crypto-to-crypto buy and sell feature to its offering

Paysafe’s digital wallet, Skrill, has announced earlier this week that its clients can now use bitcoin to buy other cryptocurrencies using the Skrill Cryptocurrency Service, enabling quicker and more efficient cryptocurrency transactions. Skrill's customers will no longer have to convert their interests in one cryptocurrency back into fiat currencies before purchasing an interest in a new…

ATFX teams up with major payment providers for LATAM and the Middle East

November 29, 2019 BY Valentina Kirilova

Europe and Russia moving to build alternative to Visa and Mastercard

For veterans of the payment industry, it is beginning to be “Déjà vu” all over again. In the early days of Visa and Mastercard, back in the seventies, there were ongoing payment wars between the two U.S.-based card associations and banks in Europe, which preferred their home-grown services, dubbed EuroCheque and Europay at the time,…

November 29, 2019 BY Valentina Kirilova

Daily market commentary: European shares extending Thursday’s decline

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 29, 2019. This is not a trading advice. See details below: EUROPEAN SHARES European shares are extending Thursday’s decline, alongside US Futures, in this last trading session of the month. We are seeing thinner volumes than usual on stocks as…

November 29, 2019 BY Valentina Kirilova

As Brexit drags on, debate returns to whether FX brokers will relocate

When there are delays, there will always be speculation as to the consequences after a final decision is made. Such is the case with Brexit negotiations, which have gone on longer than anyone initially contemplated. There have been all manners of guesses as to what might happen to the Pound, to the labor market, and…

November 29, 2019 BY Valentina Kirilova

What lies ahead for the US Dollar in 2020?

The following post was written by Thomas Hall. In October, the Federal Reserve cut interest rates for the third time in 2019, with the intention of maintaining the US' longest period of economic growth ahead of the 2020 presidential election. For the incumbent President, those cuts still aren’t enough. Trump has regularly pressured the Fed into…

November 29, 2019 BY Valentina Kirilova

FinTech provider Refinitiv joins Tradesocio's marketplace

Global provider of market data and technology tools for the financial industry Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), has announced that it has joined TS Marketplace. Its institutional-grade platform is now accessible within Tradesocio’s ecosystem. This integration benefits financial services providers forming the fintech company’s ecosystem in multiple ways, allowing them…

November 28, 2019 BY Valentina Kirilova

Daily Market News: US indices edge to new record highs

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 28, 2019. The text below is an excerpt and does not contain the full analysis. In UK stocks, British American Tobacco’s trading update was one of the highlights on Wednesday. Despite cigarette sales volume falling in…