FX liquidity provider CFH Clearing integrates PrimeXM’s XCore in LD4 and TY3 LeapRate

July 23, 2018 BY LeapRate Staff

FX liquidity provider CFH Clearing integrates PrimeXM's XCore in LD4 and TY3

FX liquidity provider CFH Clearing, part of the TradeTech Group financial unit of Playtech PLC (LON:PTEC), has announced that it has integrated PrimeXM’s XCore technology in London (LD4) and Tokyo (TY3). The company stated that this development gives CFH the market-leading ability to provide local liquidity to brokers and clients in both data centres. The integration…

July 19, 2018 BY LeapRate Staff

Exclusive: Fidelity sells down Playtech stake to below 5% after earnings miss

LeapRate Exclusive... LeapRate has learned via regulatory filings that Boston based investment management giant Fidelity Investments, through its FMR LLC subsidiary, has recently sold down some of its stake in online gaming and financial trading provider Playtech PLC (LON:PTEC). Fidelity was one of Playtech's largest shareholders with a 5.06% interest in the company, worth about £82…

June 10, 2018 BY LeapRate Staff

FX Industry Week Review: Playtech-Alpha deal size, GAIN Capital business exit, FX broker results, and lots more

Why is the Playtech acquisition of Alpha Capital Markets likely to be completed at a much lower valuation than the previously advertised $150 million? Which business line did GAIN Capital shutter? Will ESMA's binary options ban and CFD leverage cap, set to come into effect this summer, apply to non-EU clients of EU brokers? How…

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…

June 06, 2018 BY LeapRate Staff

Playtech closes on 80% of Snaitech, begins offer for remainder

Online gaming and financial trading company Playtech PLC (LON:PTEC) has announced that it has completed the acquisition of 70.6% Italian gaming company Snaitech. Playtech said that it has also separately acquired 9% of Snaitech's issued share capital through market purchases, since the original announcement of the €846 million acquisition was made on April 12, 2018. Therefore,…

June 04, 2018 BY LeapRate Staff

Exclusive: Alpha results pre Playtech acquisition - Revenues £24.6M, EBITDA £3.5M

LeapRate Exclusive... LeapRate has learned via regulatory filings a number of further not-yet-disclosed details about Playtech's 2017 acquisition of Forex and multi-asset market maker and white label provider Alpha Capital Markets (formally ACM Group Limited). And, that the "$150 million" deal which saw Playtech buy ACM last year is likely to be completed at a…

June 03, 2018 BY LeapRate Staff

FX Industry Week Review: 360T buys GTX, Binary Option ban date set, LCG CEO resigns, and lots more

This week in Forex Industry News at LeapRate... How much did GAIN Capital sell its institutional FX unit GTX for? On which dates do the ESMA binary options ban, and CFD leverage cap, kick in? Who's the new CEO at London Capital Group? Why is Playtech's Markets.com launching a new brand called MarketsX? What warning…

May 31, 2018 BY LeapRate Staff

Exclusive: Playtech's Markets.com launching MarketsX aimed at high net worth traders

LeapRate 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…

May 22, 2018 BY LeapRate Staff

Exclusive: Former ADS Securities exec Jamieson Blake joins specialty lender Basset and Gold

LeapRate Exclusive... Following our exclusive report from earlier this month that Jamieson Blake, Head of Client Experience at the FCA regulated London based arm of ADS Securities, had resigned from the company, LeapRate has now learned that Mr. Blake has landed - at specialty lending and retail investment firm Basset and Gold, as Head of Relationship…

May 21, 2018 BY LeapRate Staff

Playtech looks to close €846 million Snaitech acquisition in June

Online gaming and financial trading company Playtech PLC (LON:PTEC) has provided an update of its planned €846 million acquisition of Italian gaming company Snaitech S.p.A. Playtech stated that it has received formal consent for the transaction from Agenzia delle Dogane e dei Monopoli, the Italian gaming regulatory authority - the main regulatory approval required for the acquisition to…

Tag: Playtech PLC (LON:PTEC)

FX liquidity provider CFH Clearing integrates PrimeXM's XCore in LD4 and TY3

Exclusive: Fidelity sells down Playtech stake to below 5% after earnings miss

FX Industry Week Review: Playtech-Alpha deal size, GAIN Capital business exit, FX broker results, and lots more

Playtech nets £198 million from sale of its GVC shares

Playtech closes on 80% of Snaitech, begins offer for remainder

Exclusive: Alpha results pre Playtech acquisition - Revenues £24.6M, EBITDA £3.5M

FX Industry Week Review: 360T buys GTX, Binary Option ban date set, LCG CEO resigns, and lots more

Exclusive: Playtech's Markets.com launching MarketsX aimed at high net worth traders

Exclusive: Former ADS Securities exec Jamieson Blake joins specialty lender Basset and Gold

Playtech looks to close €846 million Snaitech acquisition in June

AUD Looks To End April On A Positive Note

Exxon Mobil Price Drops As Refining Costs Increase

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Alphabet Pays The First Dividend In Its History

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