Forex Weekly Look Back: Swissqute revenue expectations rise 5%, ActivTrades adds commission-free equities trading LeapRate

January 15, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Swissqute revenue expectations rise 5%, ActivTrades adds commission-free equities trading

CLS, a market infrastructure delivering settlement, processing and data solutions, has announced that Alfa-Bank and First Abu Dhabi Bank (FAB) have agreed to initiate onboarding to CLSNet, a standardized, automated bilateral payment netting calculation service for more than 120 currencies. The CLSNet service standardizes and increases the levels of payment netting in the FX market. By…

March 19, 2019 BY Valentina Kirilova

Paul Groves named Head of European Sales at CFH Clearing

CFH Clearing, TradeTech Group’s Liquidity Provider and Prime of Prime brokerage, just announced that it has promoted Paul Groves to its newly created role Head of European Sales. Paul Groves has been working in sales at CFH Clearing for 9 years. Groves will report directly into CFH Clearing’s CEO, Matthew Maloney. CFH Clearing recently announced that Marc…

January 22, 2019 BY Valentina Kirilova

Christian Frahm joins TradeTech Board, Marc Levin succeeds him as CFH Group CEO

TradeTech Group, the technology provider for retail brokers, has just announced that Christian Frahm, founder of CFH Group, has been appointed to the Board of TradeTech as a Non-Executive director. CFH Group, the holding company of CFH Clearing, is a Prime Brokerage firm and a key subsidiary of TradeTech, Playtech PLC (LON:PTEC)’s financials division. Marc…

February 22, 2018 BY LeapRate Staff

Playtech suffers $7.6 million Q4 loss from 'crypto hype', as Revenues decline in 2H-2017

Online gaming and financial trading systems giant Playtech PLC (LON:PTEC) has announced its results for the full year 2017, indicating a major slowdown in most key business units in the second half of the year. Overall, Playtech revenues in 2H-2017 totaled €385.5 million, down 9% from the first half's €421.6 million. And that, despite the…

May 17, 2017 BY Valentina Kirilova

Playtech reports improvement in both Markets.com and CFH Group forex divisions

Online gaming and financial trading systems giant Playtech PLC (LON:PTEC) is today hosting its Annual General Meeting at which its Chairman Alan Jackson will make the following statement: I am delighted to say that Playtech is delivering a strong performance in 2017 driven by organic growth and recent strategic acquisitions. Growth in daily average revenues…

January 10, 2017 BY LeapRate Staff

Ron Hoffman removed as CFO of Playtech to focus full-time on Markets.com

Online gaming giant Playtech PLC (LON:PTEC) has announced that its longtime CFO Ron Hoffman will resign his position as CFO, in order to focus full-time on building the company's Financials division. Mr. Hoffman will also resign from Playtech's board of directors. His replacement as CFO of Playtech will be Andrew Smith, currently Head of Investor Relations, who…

Playtech continues with share buyback programme

December 21, 2016 BY LeapRate Staff

Playtech completes €50 million share buyback program

Online gaming and financial trading giant Playtech PLC (LON:PTEC) announced today that it has completed buying back €50 million (USD $52 million) of its own shares in the open market. Playtech initiated the share buyback plan after its shares dropped around 10% late in November, following news that controlling shareholder Teddy Sagi was selling £329 million…

December 15, 2016 BY LeapRate Staff

Playtech share buyback passes halfway point with £24.1 million repurchased

After a several day hiatus, online gaming and financial trading giant Playtech PLC (LON:PTEC) was back in the open market repurchasing its own shares yesterday, buying 845,000 shares for more than £6.4 million. Playtech recently announced that the company will buy back up to €50 million (USD $53 million) of its own shares in the coming…

December 12, 2016 BY LeapRate Staff

Playtech share buyback nearly half completed with £17.7 million repurchased

Online gaming and financial trading giant Playtech PLC (LON:PTEC) has been in the market repurchasing its own shares every day since last Tuesday, December 6, following its announcement that the company will buy back up to €50 million (USD $53 million) of its own shares in the coming weeks through to December 31, 2016. Playtech bought 785,000…

December 01, 2016 BY LeapRate Staff

CFH Clearing partners with Beeks Financial Cloud for HK1 Point of Presence

FCA regulated interbank prime of prime liquidity provider CFH Clearing has announced a partnership with Beeks Financial Cloud to set up a Point of Presence (POP) at HK1 in Hong Kong. The HK1 POP will enhance connectivity for CFH Clearing and its clients in Asia and allow brokers to cross connect via fibres in Equinix…

Tag: CFH Group