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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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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Themis Christou said on LinkedIn: Goodbye, M4Markets! Almost two years gone so fast! Another brand built with love and care that is now thriving globally. The work we have done in such short time with limited resources is undeniably remarkable. Best of luck M4Markets brand, you are in great hands! Time for me to take…
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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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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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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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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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PlayMaker enables clients to minimise downside risks with good money management rules, setting reminders to protect themselves from emotional trades and track metrics on open trades in real-time in order to stay disciplined. Giles Watts, City Index Regional Business Director, UK commented: Today’s financial markets and global events bring both risk and opportunity for investors.…
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Gold Gold prices dropped during early Monday trading, after gaining approximately 1.3% on Friday, following the release of May’s US inflation data on Friday, which revealed that consumer prices rose at the fastest pace in four decades. The precious metal, whose price usually moves inversely to the US dollar, strengthened on Friday, despite the dollar…
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Lars Holst, Founder and CEO, GCEX said: It is a priority for GCEX to have multi-jurisdictional regulatory coverage as this gives clients the choice of trading with the regulated entity which best suits their requirements. As Brexit has completely changed the landscape for UK regulated brokerages in terms of passporting, we believe it is very…
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