LeapRate Staff
LeapRate Analyst
June 07, 2018 BY LeapRate Staff

Playtech nets £198 million from sale of its GVC shares

Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that it has sold its entire stake in multinational sports betting and gaming group GVC Holdings PLC (LON:GVC), in a secondary share placement. Playtech's stake, representing approximately 3.4% of GVC's issued share capital, was received by Playtech as a result of its previous holding in…

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June 07, 2018 BY LeapRate Staff

CMC Markets 2H-2018 Revenues up 9% to £97.5 million

London based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) has announced its results for Fiscal 2018 (CMC has a March 31 financial year end), indicating that the company saw steady if unspectacular growth in the second half of Fiscal 2018 (the period of October 2017 through March 2018). Overall, Fiscal 2018 Revenues came…

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June 07, 2018 BY LeapRate Staff

Plus500 increases expectations for 2018 results driven by crypto CFD trading

After reporting an absolutely monster Q1 which saw it more than double its previous best quarterly Revenues, to $297 million, CFD broker Plus500 Ltd (LON:PLUS) has issued a mid-quarter Trading Update stating that its business continues to trade strongly. Accordingly, the Plus500 Board has materially increased its expectations for the group's financial performance for the year…

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June 07, 2018 BY LeapRate Staff

RoboMarkets adds US share trading in its R Trader terminal

RoboMarkets Ltd, the CySEC licensed arm of global FX brokerage group RoboMarkets, has announced that it has opened access to new trading instruments in its multi-asset R Trader terminal. From now on, RoboMarkets clients can start investing in real stocks from the largest American stock exchanges, and also take part in all corporate events as…

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June 06, 2018 BY LeapRate Staff

ESMA Q1-2018 securities market Risk Dashboard cites ICOs, Binary Options and CFDs

Pan-European financial regulator European Securities and Markets Authority (ESMA) has issued today the latest iteration of its Risk Dashboard, covering risks in the EU’s securities markets for Q1-2018. Overall, ESMA stated that its overall risk assessment remains unchanged from Q4-2017, at high levels. ESMA said that it remains concerned about risks posed to investors, which have…

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June 06, 2018 BY LeapRate Staff

FXCM May FX trading volumes up 15% MoM to $212 billion

Continuing the string of strong FX volume reports we have seen from across the Retail and Institutional trading world for the month of May 2018, retail broker FXCM has announced that its volumes in May were up 15% month-over-month, $212 billion versus $184 billion in April. We are expecting a (quiet) rebranding of FXCM in…

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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,…

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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…

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