Forex Industry Week Review: Playtech buys CFH, Binary Options association meets, LCG share issue, and lots more… LeapRate

November 20, 2016 BY LeapRate Staff

Forex Industry Week Review: Playtech buys CFH, Binary Options association meets, LCG share issue, and lots more…

It was quite a week of Forex Industry News at LeapRate, with a mixed bag of nearly everything - M&A, financing, regulator moves, sports sponsorships, new product launches... And as usual, you read about much of it exclusively or first at LeapRate. Our most popular guest post, and one of our more talked-about guest posts…

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…

September 28, 2016 BY LeapRate Staff

Plus500 founders cashing out $150 million in shares

CFD broker Plus500 Ltd (LON:PLUS) has announced that the founders of the Company - Alon Gonen and Gal Haber (pictured above), as well as Elad Ben-Izhak, Omer Elazari and Shlomi Weizmann - have notified the company of their intention to sell in aggregate up to 15.5 million of their Plus500 shares. The 15.5 million shares…

September 04, 2016 BY LeapRate Staff

Forex Industry Week Review: Playtech exits Binary Options, FXCM-Leucadia deal redone, Russia FX licenses, and lots more…

In a week in which Forex Industry News at LeapRate was dominated by extremely weak August FX volume reports, we were pleased to bring our readers a number of exclusive stories about Playtech PLC (LON:PTEC) and its plans for its binary options unit, the shutdown of brokers SkyFX and Capital Option, the new structure of…

August 30, 2016 BY LeapRate Staff

Playtech exits Binary Options business, TopOption brand sold to OptionsClick - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that online gaming giant Playtech PLC (LON:PTEC) has made a decision to exit the binary options brokerage business. The company's binary options brand, TopOption, was sold effective August 7 to Leadtrade Ltd, an Israeli run and CySEC licensed company which operates several other binary options brokerage brands including OptionsClick (optionsclick.com), Prestige Option (prestigeoption.com),…

August 28, 2016 BY LeapRate Staff

Forex Industry Week Review: Leverate exits binary options, FXDD-IronFX merger, Swissquote's new brand, and lots more…

It was a very mixed bag of Forex Industry News this past week at LeapRate. Companies exiting business lines, companies entering business lines, M&A, new logos and brands... Our most popular guest posts this week dealt with two important questions: What is your Company’s Content Brand? by MediaGroup's Bart Burggraaf, and How much does downtime really…

August 25, 2016 BY LeapRate Staff

Markets.com sees Revenues drop 37% in First Half 2016 as restructuring hits bottom line

Online gaming giant Playtech PLC (LON:PTEC) announced its First Half 2016 results today, which overall were pretty good. Playtech's revenues and EBITDA were up in the healthy double digit percent range. The company increased its dividend. And post announcement Playtech's shares reacted nicely, up more than 4% to a new all-time high for the stock at about…

August 08, 2016 BY LeapRate Staff

Markets.com canceling office leases amid rising layoffs within Playtech group

Back in February LeapRate broke the news of a major restructuring at the Markets.com unit of Teddy Sagi's online gaming giant Playtech PLC (LON:PTEC), which included mass layoffs in a restructuring of sales, retention and customer service operations at the retail forex broker. So it should come as not too much of a surprise that…

June 21, 2016 BY LeapRate Staff

London Capital Group recapitalization: what the filing didn't say

LeapRate broke the news earlier today of the proposed recapitalization at FCA regulated online trading firm London Capital Group Holdings plc (LON:LCG), which will see CEO Charles-Henri Sabet and his partners inject £10 million (USD $14.6 million) into the company. We referenced in our coverage a filing which the company made with the London Stock Exchange…

June 09, 2016 BY LeapRate Staff

Playtech hires former gaming regulator Francesco Rodano as Chief Policy Officer

Online gaming and trading provider Playtech PLC (LON:PTEC) has announced that it has hired Francesco Rodano, who will join Playtech's executive management team as the company's new Chief Policy Officer. Rodano was previously the Italian online gaming regulator at AAMS. He will be based in London, and report to Playtech CEO Mor Weizer. Rodano will…

Tag: Playtech PLC (LON:PTEC)

Forex Industry Week Review: Playtech buys CFH, Binary Options association meets, LCG share issue, and lots more…

Playtech acquires CFH Group for $120 million

Plus500 founders cashing out $150 million in shares

Forex Industry Week Review: Playtech exits Binary Options, FXCM-Leucadia deal redone, Russia FX licenses, and lots more…

Playtech exits Binary Options business, TopOption brand sold to OptionsClick - LeapRate Exclusive

Forex Industry Week Review: Leverate exits binary options, FXDD-IronFX merger, Swissquote's new brand, and lots more…

Markets.com sees Revenues drop 37% in First Half 2016 as restructuring hits bottom line

Markets.com canceling office leases amid rising layoffs within Playtech group

London Capital Group recapitalization: what the filing didn't say

Playtech hires former gaming regulator Francesco Rodano as Chief Policy Officer

FIS Launches New Fintech Platform Atelio

Cognac Shares Rally After Talks to Ease Chinese Trade Strains

Disney Stock Falls Despite Streaming Profits

Ant Group Uses Alipay+ To Broaden Global Footprint

Indonesia’s Q1 Economic Growth Tops Expectations