FX Industry Week Review: IG CEO resigns, InterTrader buys Sigma Trading, FXall for sale, and lots more LeapRate

September 30, 2018 BY LeapRate Staff

FX Industry Week Review: IG CEO resigns, InterTrader buys Sigma Trading, FXall for sale, and lots more

Looking back, this seems like the week when ESMA's Forex and CFD leverage cap - which ESMA formally extended for a further three months, with minor modifications - really began to make its mark on the online trading industry as a whole. Revenue and earnings misses. Executives departing. CFD brokers being sold. And this is probably…

September 26, 2018 BY LeapRate Staff

Exclusive: GVC's InterTrader buys CFD and spreadbetting broker Sigma Trading

LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX brokerage group Sigma Broking Limited has sold its CFD and spread betting arm Sigma Trading to Gibraltar based InterTrader Limited. InterTrader is the Retail financial trading arm of gaming giant GVC Holdings PLC (LON:GVC), and also provides liquidity services to Retail FX platforms. GVC is one of…

June 07, 2018 BY LeapRate Staff

Playtech nets £198 million from sale of its GVC shares

Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that it has sold its entire stake in multinational sports betting and gaming group GVC Holdings PLC (LON:GVC), in a secondary share placement. Playtech's stake, representing approximately 3.4% of GVC's issued share capital, was received by Playtech as a result of its previous holding in…

December 19, 2017 BY LeapRate Staff

Exclusive: Playtech confirms £220 million 6.7% stake in Ladbrokes as GVC merger talks heat up

LeapRate Exclusive... LeapRate has learned via regulatory filings that online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has indicated that it remains one of the largest shareholders of betting and gaming company Ladbrokes Coral Group PLC (LON:LCL), which operates both the Ladbrokes and Coral brands as well as Eurobet, Gala Casino and Betdaq. According…

ESMA Chairman targets asset managers for adequacy of liquidity concerns

February 28, 2017 BY LeapRate Staff

Protrader platform adds Forex, CFD and spread betting liquidity from GVC's InterTrader

Multi-asset brokerage and trading solutions provider PFSOFT has announced that it has recently integrated its Protrader platform with liquidity from InterTrader Ltd. InterTrader is a unit of sports betting and gaming company GVC Holdings PLC (LON:GVC), which includes the Sportingbet, bwin and PartyGaming brands. InterTrader provides multi-asset-class liquidity across forex, indices, commodities, equities, bonds and interest rates, with access…

March 22, 2016 BY Maria Nikolova

GVC Holdings appoints ex-Playtech VP of Product & Strategy Liron Snir as Chief Product Officer

Online gaming operator GVC Holdings PLC (LON:GVC) today announces the appointment of Liron Snir to the newly created role of Chief Product Officer. Liron Snir, former Vice President of Product and Strategy of Playtech PLC (LON:PTEC), is considered as an expert in the online gaming sector having worked in the industry for 16 years. As…

January 29, 2016 BY Maria Nikolova

Court sanctions scheme of acquisition of bwin.party by GVC Holdings

bwin.party Digital Entertainment Plc (LON:BPTY), owner of CFD and spread betting services provider InterTrader, today announces that the scheme for bwin's proposed acquisition by GVC Holdings PLC (LON:GVC) has been sanctioned by the Court. bwin.party also announces that, as of 5.00 p.m. on January 28, 2016, the listing of the bwin.party shares on the official list of…

December 15, 2015 BY Maria Nikolova

bwin.party shareholders approve acquisition proposal from GVC

Earlier today shareholders in bwin.party Digital Entertainment Plc (LON:BPTY), owner of CFD and spread betting services provider InterTrader, had their say on the $1.7 billion acquisition bid from GVC Holdings PLC (LON:GVC). At a Court meeting and a General meeting, bwin.party's shareholders voted in favor of GVC's bid and also supported the scheme of arrangement of…

November 30, 2015 BY Maria Nikolova

Former Playtech COO Shay Segev joins GVC Holdings

Online gaming operator GVC Holdings PLC (LON:GVC) today announced the appointment of Shay Segev to the newly established role of Chief Operating Officer. Mr Segev is a former Chief Operating Officer of Playtech PLC (LON:PTEC) and is considered one of the leading technology and product experts in the online gaming industry. In this new role,…

November 10, 2015 BY Maria Nikolova

Daniel Silvers steps down from bwin.party's Board of Directors

bwin.party Digital Entertainment Plc (LON:BPTY), which is about to be acquired by GVC Holdings PLC (LON:GVC), announced today that Daniel Silvers, a Non-Executive Director, is stepping down from the Board with immediate effect. Mr Silvers was appointed to bwin.party's Board in May 2014 as nominee on behalf of one of the Company's shareholders, SpringOwl Gibraltar…

Tag: GVC Holdings PLC (LON:GVC)