Markets.com reports business as usual, forgiving clients’ negative equity balances LeapRate

January 17, 2015 BY LeapRate Staff

Markets.com reports business as usual, forgiving clients' negative equity balances

Another retail forex broker reporting on its post-Swiss Franc crisis position is Cyprus-based broker Markets.com. Markets.com is a subsidiary of CySEC-regulated Safecap Investments Limited, ultimately controlled by Israeli online magnate Teddy Sagi. Markets.com reports 'business as usual', and that the company actually had a profitable trading day in Thursday's session. In addition, the company stated that it is forgiving…

October 13, 2014 BY Mike Fox

Markets.com and SafeCharge controlling shareholder Teddy Sagi solidifies control of London's Camden Markets

Israeli business daily "Globes" is reporting that Israeli billionaire Teddy Sagi has bought another part of Camden Markets in London for an estimated £70-90 million. In March, Sagi bought Camden Stables Market for £400 million. The London market is made up of six sections and now Sagi owns the two largest sections of Camden Market,…

September 10, 2014 BY Gerald Segal

SafeCharge rewards Senior Management with 6 million options worth more than $5 million

After reporting stellar First Half 2014 results and seeing its share price hit a post-IPO high, the board of PSP company SafeCharge (LON:SCH) has grated 6 million options to senior employees and directors. About half of the overall grant, or options to buy 2,995,185 shares, was given to SafeCharge CEO David Avgi. CFO Tim Mickley received 250,000…

June 23, 2014 BY Gerald Segal

SafeCharge stock takes off, nears $500M valuation as shares hit post-IPO high

It hasn't really released any earth-shattering (or financial) news since going public in a $126 million IPO at the end of March, but stock market investors seem to finally be warming up to PSP (payments service provider) company SafeCharge. SafeCharge is an important services provider to companies in the Forex, Binary and iGaming industries, helping…

March 11, 2014 BY Gerald Segal

SafeCharge plans IPO, reveals financial info

Payment processor SafeCharge expects Revenue of $61 million in 2014, EBITDA of $18 million. IPO fever is in the air..... Israel business newspaper Globes reports that payment processor SafeCharge is going to pursue an IPO on the London Stock Exchange's AIM market. SafeCharge is owned 90% by online gaming software magnate Teddy Sagi of Playtech…

Tag: Teddy Sagi