Tag: Forex acquisitions

April 17, 2018 BY LeapRate Staff

Exclusive: CySEC licensed institutional FX broker PositivaFX acquired and rebranded to ATFX, expands to Retail

LeapRate Exclusive... LeapRate has learned that ATFX has expanded to Cyprus, acquiring control of CySEC licensed institutional FX broker PositivaFX. ATFX is a co-brand shared by a number of different entities globally including FCA regulated AT Global Markets (UK) Limited in the United Kingdom, ATFX Global Markets (CY) Limited in Cyprus, AT Capital Markets Limited…

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Tickmill acquires Vipro Markets
September 27, 2017 BY LeapRate Staff

Tickmill acquires Retail FX broker Vipro Markets

Consolidation continues in the Retail Forex market, with the latest contestants in the merger game being FCA regulated Tickmill acquiring CySEC licensed Vipro Markets. The acquisition was effected by Tickmill injecting $2.2 million of new capital into Cyprus-based Vipro Markets Ltd, in return for a majority stake in the company. We understand that operating conditions…

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November 14, 2016 BY LeapRate Staff

Playtech acquires CFH Group for $120 million

If you can’t join ‘em, serve ‘em. Online gaming technology company Playtech PLC (LON:PTEC), which was unsuccessful last year in its attempts to buy Retail Forex brokers AvaTrade and Plus500 Ltd (LON:PLUS), is once again attempting to increase its footprint in the FX world by agreeing to acquire institutional Forex player CFH Group for $120…

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October 31, 2014 BY Gerald Segal

Gain Capital expands UK presence by acquiring City Index for $118 million

Breaking Forex Industry News.... US-based Gain Capital (NYSE:GCAP), which owns and operates the retail Forex.com and institutional GTX brands, has announced the acquisition of London-based financial spreadbetting firm City Index. Gain Capital is paying a total of $118 million, although from a cash perspective it will come out ahead by about $16 million. City Index…

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