AvaTrade breaks acquisition by Playtech after Plus500 deal gets called off
Nov 24 2015 08:55:08 Stanimir Zhelev in Brokers
The shareholders of Irish regulated forex broker AvaTrade have terminated a share purchase agreement with gambling platform developer Playtech, under which Playtech would acquire the broker, the developing company said on Monday.
Plus500 launches $20m stock buyback program in response to Playtech’s terminated acquisition
Nov 23 2015 15:27:49 Stanimir Zhelev in Brokers
Plus500, one of the leading international forex brokers, announced on Monday plans to launch a buyback program and to repurchase up to $20 million of the company’s shares, following the announcement of gambling platform developer Playtech that, with Plus500’s agreement, it has terminated...
Playtech terminates acquisition of Plus500, deal for Ava Trade at risk
Nov 23 2015 15:13:12 Stanimir Zhelev in Brokers
Gambling platform developer Playtech said on Monday its proposed acquisition of forex broker Plus500, one of the leading international forex brokers, has decided to terminate the acquisition process due to its concerns that it is unable to meet the concerns of the UK’s Financial Conduct Author...
TradeKing Group’s acquisition of MB Trading finalized
Nov 19 2015 15:09:43 Stanimir Zhelev in Brokers
Florida-based online brokerage TradeKing Group said on Wednesday its acquisition of California-based forex and futures broker MB Trading has been finalized. The two brokers entered into an acquisition deal in August this year. The value of the deal has not been disclosed.
Playtech acquisition of Plus500 may be terminated if not approved by FCA by the end of 2015
Nov 18 2015 16:15:05 Stanimir Zhelev in Brokers
Forex broker Plus500, one of the leading international forex brokers, said on Wednesday it has been informed by gambling platform developer Playtech, which is in process of acquiring the broker’s share capital, that the company still expects the UK’s Financial Conduct Authority (FCA) app...
Central Bank of Ireland opposes Playtech's $105M Ava Trade acquisition
Oct 05 2015 15:35:03 Stanimir Zhelev in Brokers
Gambling software giant Playtech today announced that it has received a letter form Central Bank of Ireland (CBI) opposing the acquisition of Irish-based forex broker Ava Trade.
Plus500 to be delisted from AIM stock exchange after 28 September
Aug 28 2015 12:29:20 Stanimir Zhelev in Brokers
Plus500, an online forex broker which is going to be acquired by gambling platform developer Playtech for about $700 million, today announced that its shares will no longer available for trading on London Stock Exchange's Alternative Investment Market (AIM) after the acquisition.
TradeKing to acquire US forex broker MB Trading
Aug 26 2015 15:02:23 Stanimir Zhelev in Brokers
In a move to further extend the scope of its online brokerage offering, TradeKing Group announced today that it has entered into an agreement with California-based MB Trading to acquire all of the firm’s assets.
Dukascopy Bank acquires Alpari Japan, enters the Japanese forex market
Aug 06 2015 13:33:20 Stanimir Zhelev in Brokers
In January 2015, Dukascopy Group publicly announced its intention to buy a Japanese regulated broker. Today, Dukascopy Bank confirmed closing of taking over the Japanese Type-1 licensed broker Alpari Japan K.K.
Plus500 sharereholders approve Playtech's $715 Million Bid
Jul 17 2015 15:50:26 Stanimir Zhelev in Brokers
On 1 June 2015, the Boards of Playtech plc ("Playtech") and Plus500 Ltd ("Plus500") announced that they had reached agreement regarding the terms of a recommended cash acquisition through which the entire issued ordinary share capital of Plus500 will be acquired by Playtech by me...
Playtech to acquiare AvaTrade for US$105 million
Jul 02 2015 13:00:35 Stanimir Zhelev in Brokers
Playtech is pleased to announce that its subsidiary, TradeFX Limited ("TradeFX"), has entered into a share acquisition agreement under the terms of which it will acquire the entire issued share capital of Ava Trade, an online B2C CFD broker over which TradeFX had secured an option to purc...
Playtech to acquire the UK regulated forex broker Plus500
Jun 01 2015 14:32:38 Stanimir Zhelev in Brokers
Gambling technology company Playtech (PTEC.L) that owns Markets.com and TopOption keeps increasing its retail forex market share. The news about the acquisition of Plus500 comes only two months after Playtech bought a majority stake in TradeFX for $458 million.
Interactive Brokers acquires the online investing marketplace Covestor
Apr 23 2015 20:19:30 Stanimir Zhelev in Brokers
BOSTON and GREENWICH, Conn., April 23, 2015 /PRNewswire/ -- Covestor, an online investing marketplace, and Interactive Brokers Group, Inc.