Another major institutional player has taken a large bet on online gaming and financial trading company Playtech PLC (LON:PTEC), with regulatory filings showing that US banking giant JP Morgan has picked up an effective 6.41% stake in Playtech over the past few days, JP Morgan's stake consists mainly of a series of cash-settled equity swaps, plus…
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Derivatives marketplace CME Group (NASDAQ:CME) has announced that it achieved Asia Pacific quarterly average daily volume (ADV) of 726,000 contracts in the third quarter of the year, up 4% from the corresponding period last year. This was driven largely by a strong performance in Equity and FX products, up 41 percent and 36 percent respectively.…
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ATFX, a leading online trading broker, has announced a new selection of contract-for-difference (CFDs) products, including thirty-eight US stocks and twelve popular German ones. The newly augmented selection features leading blue-chip stocks from the tech, financial, and other main sectors. The latest addition to ATFX’s family of products includes household names such as Apple Inc.,…
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Apple Computer co-founder Steve Wozniak has today announced that he has become the co-founder of EQUI Global, the venture capital tech innovator. Steve Wozniak has joined forces with EQUI founder Doug Barrowman and EQUI co-founder Baroness Michelle Mone OBE. EQUI Global presents a unique opportunity to disrupt the venture capital industry - one that is…
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As part of initiatives to develop Islamic finance as an academic discipline, the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has announced that it has signed a memorandum of understanding with Universitas Hasanuddin (UNHAS) of Indonesia. The memorandum was signed by the Director General of IRTI, Dr. Humayon Dar,…
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Derivatives marketplace CME Group (NASDAQ:CME) has announced that it has received clearance under the Hart-Scott-Rodino Act from the United States Department of Justice - Antitrust Division for its proposed acquisition of London listed NEX Group plc (LON:NXG). CME and NEX have announced earlier this year that CME will be buying NEX in a £3.9 billion (USD $5.4…
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Commonwealth Bank (CBA) has announced the appointment of Alan Docherty as Chief Financial Officer. Mr Docherty has been Acting Chief Financial Officer since May 2018. Prior to this, Mr Docherty was Chief Financial Officer of the Institutional Banking and Markets division and held senior roles in Group Finance, Group Treasury and the Business and Private…
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Australia Forex and CFD broker EightCap has just announced that Australian F1 driver Daniel Ricciardo has joined forces with the company. Daniel Ricciardo has joined as the official brand ambassador. The Aston Martin Red Bull Racing F1® Driver commented: Getting to know the team at EightCap and their business made the decision a really comfortable one for me. EightCap…
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What are the FCA's plans for the "day after" in case a Hard Brexit happens, with no agreement in place with the EU on MiFID and passporting? Why did Playtech raise €530 million? Why is FOREX.com parent company GAIN Capital returning $50 million in capital to shareholders? How did the shares of Retail FX brokers do…
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Related to the announced end of his mandate as Chairman and CEO of EPEX SPOT on 13 October 2018, Jean-François Conil-Lacoste will simultaneously resign from his current role as Europex Board member in which he has served since May 2016. On behalf of Europex and its members, Pieter Schuurs, Europex Chairman, thanked Jean-François Conil- Lacoste…
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