Teddy Sagi nets $429 million from increased Playtech share sale, done at 7% discount to market LeapRate

June 27, 2017 BY LeapRate Staff

Teddy Sagi nets $429 million from increased Playtech share sale, done at 7% discount to market

Following our report from last night that Teddy Sagi's holding company, Brickington Trading Limited, had informed Playtech PLC (LON:PTEC) that Mr. Sagi intended to sell 32 million Playtech shares in an effort to diversify his investments, the company announced early this morning that the share sale was increased in size and completed - but at…

June 26, 2017 BY LeapRate Staff

Teddy Sagi cashing in more than half his remaining Playtech stake in $404 million share sale

For the first time since he founded the company in 1999, Teddy Sagi might soon no longer be the largest shareholder in Playtech PLC (LON:PTEC). Playtech announced after the close of London Stock Exchange trading on Monday that it has been advised that Teddy Sagi's holding company Brickington Trading Limited is planning to sell approximately 32 million…

June 26, 2017 BY admin

Forex broker WorldWideMarkets chooses CAKE to manage affiliate network

Accelerize Inc (OTCBB:ACLZ) and its digital marketing software division, CAKE, today announced that WorldWideMarkets, an online Forex trading solution, has selected the CAKE SaaS platform to manage its performance marketing program. WorldWideMarkets provides traders of all experience levels the opportunity to trade Forex, gold, oil, global stock market indices and other CFD instruments with the…

How to earn money from affiliate programs

June 26, 2017 BY LeapRate Staff

CySEC to publish list of outlawed Binary Options and FX affiliates

Cyprus financial regulator CySEC has issued a circular to all licensed CIFs in the country, outlining the rules under which CIFs (mainly Forex, CFD and Binary Options brokers) can operate using third party affiliates. Over the past two years CySEC has fined or even suspended the licenses of certain brokers, due to actions taken by…

ThinkMarkets expands Single Stock CFDs on Trade Interceptor platform

June 26, 2017 BY Valentina Kirilova

ThinkMarkets launches live FX trading on its recently acquired Trade Interceptor app

Fintech mobile-app Trade Interceptor has announced the launch of live FX trading. The apps’ global user base will benefit from full front-to- back functionality of the app, right from account creation, charting and analysis to placing trades and funding & withdrawals. As was exclusively reported on LeapRate, FCA regulated retail forex and CFDs broker ThinkMarkets acquired…

June 26, 2017 BY Valentina Kirilova

Turkish broker GCM Forex launches MetaTrader 5

The MetaTrader 5 trading platform has further expanded its presence in Turkey. This time, forex trading platform developer MetaQuotes announced that Turkish forex broker GCM Forex started offering the multi-asset platform to their traders. As GCM, we are glad to announce that we have launched MetaTrader 5 in a trading environment with changing trends and…

June 26, 2017 BY Valentina Kirilova

Chinese online broker Everbright Photon chooses Horizon platform for commodities options

Everbright Photon, a subsidiary of the Chinese futures house (EverBright Futures) and part of a Fortune 500 Chinese financial business, announced that has chosen the Horizon Software as its core trading technology for the new commodity options markets, which went live in China in March (DCE) and April (ZCE) this year. Immediately after the 2016 China International…

June 26, 2017 BY LeapRate Staff

Exclusive: Goldman Sachs selling its stake in FX broker CMC Markets after recent share runup

LeapRate Exclusive... LeapRate has learned via regulatory filings that global investment bank Goldman Sachs Group Inc (NYSE:GS) has been steadily selling down its stake in UK based online FX and spread betting broker CMC Markets Plc (LON:CMCX) over the past few weeks. Goldman Sachs has been a long term investor in CMC Markets, and in fact was…

June 25, 2017 BY LeapRate Staff

Forex Industry Week Review: Binary Options broker leaves Cyprus, problems for Japan FX firms in the UK, and lots more…

Forex Industry News at LeapRate this past week was very much a microcosm of what's going on both very publicly, as well as behind the scenes in the sector, over the past few months. Binary options brokers scrambling amid new laws and regulations; foreign FX brokers trying but not always succeeding to get a foothold…

June 23, 2017 BY LeapRate Staff

Exclusive: Pepperstone swaps Phil Horner for Mohammed Tayeb on Board ahead of UK FX relaunch

LeapRate Exclusive... LeapRate has learned that Australia based retail forex broker Pepperstone has accepted the resignation of UK director Mohammed Tayeb, replacing him on the board of Pepperstone Limited with the company's Melbourne, Australia based CEO APAC, Phil Horner. The move comes as Pepperstone is scrambling to renew activity in its FCA regulated UK arm. LeapRate…

Category: Forex

Teddy Sagi nets $429 million from increased Playtech share sale, done at 7% discount to market

Teddy Sagi cashing in more than half his remaining Playtech stake in $404 million share sale

Forex broker WorldWideMarkets chooses CAKE to manage affiliate network

CySEC to publish list of outlawed Binary Options and FX affiliates

ThinkMarkets launches live FX trading on its recently acquired Trade Interceptor app

Turkish broker GCM Forex launches MetaTrader 5

Chinese online broker Everbright Photon chooses Horizon platform for commodities options

Exclusive: Goldman Sachs selling its stake in FX broker CMC Markets after recent share runup

Forex Industry Week Review: Binary Options broker leaves Cyprus, problems for Japan FX firms in the UK, and lots more…

Exclusive: Pepperstone swaps Phil Horner for Mohammed Tayeb on Board ahead of UK FX relaunch

CME Group to Launch Options on Solana and XRP Futures in October

Nasdaq to Sell Solovis to Insight Partners

21Shares Hits 50 Crypto ETPs in Europe with New Launches

CLS Adds U.S. Bank as 76th Settlement Member

BitGo Expands in Europe with Regulated Crypto Trading Services