There are a lot more free floating shares out there now for Plus500 Ltd (LON:PLUS). Just several hours after a group of Plus500 founders sold 9.39 million shares in the company for £145 million, another 11.4 million PLUS shares hit the market, with online gaming and financial trading company Playtech PLC (LON:PTEC) selling its entire 9.99% stake…
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MarketFactory, the foreign exchange technology platform, has just announced that Sophie Verdellet, previously holding the position of eFX business development at Xenfin Capital, has joined the company as an account manager. Based in London, she will be responsible for account management and customer service in the EMEA region. Sophie Verdellet will report directly to MarketFactory…
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LeapRate Exclusive… LeapRate has learned that Estonia based Retail FX brokerage firm Admiral Markets Group AS has posted a nice rise in Revenues for the first half of 2018, with its Profit for the six month period nearly matching that of the entire 2017 year. Admiral Markets - which is physically represented in 16 countries including…
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Almost immediately following the expiry of the 180 day lockup which they agreed to following their last share sale in early March 2018, the founding group of Plus500 shareholders have announced that they have sold another chunk of stock, representing more than half of their remaining collective stake in the company. In total, the shareholder…
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International derivatives and FX broker Sucden Financial has announced that it has partnered with FairXchange to provide its eFX clients and partners with independent analysis of execution performance. FairXchange is a data science firm specialising in microstructural analysis of financial markets. It was founded in 2016 with the aim of bringing clarity and transparency to…
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New York City-based institutional foreign exchange execution services and data analytics company Cürex Group has announced that Glen Sargeant has joined its ranks as Managing Director, European Business Development. Based in London, Glen Sargeant will be responsible for the development of customer relationships for Cürex throughout the UK and Europe. Glen Sargeant has 25 years of…
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Estonia based Retail FX and CFD brokerage group Admiral Markets AS has announced that it has applied for a credit institution licence through the Estonian Financial Supervision Authority, which is currently processing the application. Admiral Markets said that it has made the application for a credit institution licence to support its core service offering -…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Tickmill UK Ltd, the FCA licensed arm of Estonian-controlled Retail FX brokerage group Tickmill, posted fairly impressive results during its first full year of operation. Tickmill UK received its FCA authorization in July 2016, and started trading activities in November 2016. The Tickmill group was established…
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Eagle Investment Systems LLC, a BNY Mellon company and provider of financial services technology, and ACA Compliance Group (ACA), a provider of risk management and technology solutions focused on regulatory compliance and performance, have announced that they have collaborated to help standardize and streamline Global Investment Performance Standards (GIPS®) verifications for clients. The GIPS standards,…
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London based investment manager Odey Asset Management has made filings indicating that it has acquired a 5.02% stake in online gaming and financial trading company Playtech PLC (LON:PTEC). The interest of about 15.9 million Playtech shares (consisting of 6.7 million Playtech ordinary shares and 9.2 million CFDs on Playtech shares) is worth approximately £78.8 million (USD…
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