LeapRate Exclusive... LeapRate has learned that retail FX broker Markets.com will be launching a new product soon - the MarketsX platform. CEO Joe Rundle joins us today to tell us all about it. Joe Rundle has been in the Retail FX and CFDs business for 15 years. He began his career at ETX Capital in 2004,…
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Online gaming and financial trading company Playtech PLC (LON:PTEC) has issued a Trading Update for Q3 (technically, for the period since June 30, 2018), indicating that overall not much has changed since 1H results were reported in August. The company stated that it remains on track to achieve adjusted EBITDA for 2018 in the range of…
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LeapRate Exclusive... LeapRate has learned that experienced FX industry marketing executive Vincenzo Roselli has joined Markets.com as the company's new Head of Business. Vincenzo Roselli is joining Markets.com, the retail FX arm of Playtech PLC (LON:PTEC), from FX and crypto affiliate group Investoo.com, where he had spent just over a year in charge of growing Investoo’s relationships with…
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Retail FX broker Markets.com, part of FTSE 250 group Playtech PLC (LON:PTEC), has announced the launch of ‘Live Sessions’, a new in-platform live streaming service aimed at keeping traders around the world up to speed with what’s going on in the markets with unique insights and analysis from a wide range of trading experts. To mark…
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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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Following the issuing of its Trading Update in early July it wasn't quite a surprise that online gaming and financial trading company Playtech PLC (LON:PTEC) reported declining profits (although increasing Revenues) for the first half of 2018. Overall, Playtech saw Revenue of €436.5 million for the first six months of the year, which was actually up by…
Read moreLeapRate Exclusive... LeapRate has learned that Markets.com, the Retail FX and CFD brokerage arm of online gaming and financial giant Playtech PLC (LON:PTEC), is planning on launching a new branded service targeting the high end of the retail client spectrum. The new service will be called MarketsX. Looking to break out of its long-term core area…
Read moreLeapRate Exclusive... LeapRate has learned that online gaming and financial trading company Playtech PLC (LON:PTEC) is continuing to reshape the management team at its financial division TradeTech Group. Most recently, Playtech has replaced the CEO at its FCA regulated arm TradeTech Alpha Limited. Leaving the company is Stephen Williams, CEO of TradeTech Alpha since the company's…
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LeapRate Exclusive... LeapRate has learned that longtime Retail FX executive Joe Rundle has left his position as Director of Trading and Partnerships at ThinkMarkets, and joined Markets.com as its new CEO. Markets.com is the Retail FX brand name of CySEC licensed Safecap Investments Ltd., owned ultimately by Playtech PLC (LON:PTEC). Joe Rundle has been in the…
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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…
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