The main reason for this was the impact of Covid-19 across the world. Because a large proportion of the population were in some form of lockdown, it meant that traditional trading wasn’t as viable. As such, traders with a superior technological platform saw a sharp increase in their own FX trading volume. There were none…
Read more
If the shareholders turn down the consortium’s offer, the lengthy evaluation and regulatory approval process would have to be repeated, putting Finalto in uncertainty for many months. The consortium also reminded that according to the terms of the Sale and Purchase Agreement, in such a case “Playtech will be required to pay the Consortium a…
Read more
Valeria Ceccarelli, the Head of Primary Markets at SIX Swiss Exchange, commented: SMEs in Switzerland – as in many countries – are a powerful economic engine. Our challenge has been to ensure that we can offer entrepreneurs a platform that can help them efficiently access capital. SIX has been spending a lot of time working…
Read more
The statement said: Gopher is an investment vehicle backed by investors with experience in gaming and financials, and is an affiliate of TT Bond Partners (TTB). TTB, through its Hong Kong regulated entity, TTB Partners Limited, which is advising Gopher on this transaction, is an investment and advisory firm based in Hong Kong, whose founders…
Read more
The acquisition by CoinShares is unlikely to cause any changes to how Global Blockchain Equity will operate. The only real impact on its operations is that the size of CoinShares will be able to increase the scope of Global Blockchain Equity. The deal is expected to allow significant growth and the company will be able…
Read more
Ebieraja Alex COO of GoDoFX, commented: We chose Integral for their institutional technology that goes beyond the standard services employed in the brokerage sector. GoDoFX strongly believes in providing retail customers with an exceptional level of service and the Integral platform allows us to deliver a tailored and personalized offering to every one of our…
Read more
The announcement further explained that Gopher Investments’ proposed valuation represents a 47% premium to the consortium and a 35% premium to the guaranteed consideration of that offer. According to the official announcement, Gopher Investments urged Playtech’s shareholders to vote against the Consortium’s offer. Gopher added that “Finalto’s attractive growth prospects are not fairly reflected in…
Read more
Jonas Thulin, Head of Asset Management, Erik Penser Bank, said: As an asset manager in 2021, it’s very important to find your own data, do your own analysis, and make up your own mind about what’s happening in the markets. Macrobond has the breadth and depth of data, along with the modelling tools, to help…
Read more
In the announcement, Cboe revealed it plans to fully integrate Chi-X Asia Pacific into its existing global business operations and technology platforms. This process will begin with the integration of Chi-X Asia Pacific and BIDS. Cboe plans to migrate Chi-X Australia and Chi-X Japan its trading platform thereafter. Toru Irokawa, Representative Director and President at…
Read more
BlackBull Markets’ Chief Business Development Officer, Anish Lal, commented: The BlackBull Markets product and services offering is highly competitive in the marketplace. We know this because of the phenomenal growth in market share we experience year-over-year. Clients are moving to BlackBull Markets from our competitors at a startlingly fast pace. Anish Lal stated that BlackBull…
Read more