The war of words (and for the minds and votes of Playtech shareholders) between Playtech and Gopher Investments is continuing. After Gopher Investments – controlled by Hong Kong based Jonathan Bond’s TT Bond Partners – sent out a strongly worded letter yesterday encouraging Playtech shareholders to vote “No” on August 18 to the sale of…
Read More “Playtech responds to Gopher: no other offers for Finalto” »
Kapital Investment Group B.V. (KIG BV), part of the global financial services group Global Kapital Group and parent of the GKFX retail forex brand, has announced that it has acquired Işık Menkul Değerler A.Ş., a multi-asset broker in Turkey. The company said that the acquisition gives KIG BV a greatly increased product range, as Işık…
Read More “GKFX parent GKG buys Turkish CFDs broker Isik Menkul” »
Global trading provider INFINOX has announced that it is adding MetaTrader 5 (MT5) technology to its popular social trading platform, IX Social. INFINOX stated that MT5 will bring more trading opportunities to both beginner and experienced traders on its platform, by offering a huge range of popular equity markets. The expansion aligns with the company’s…
Read More “INFINOX adds MT5 to its social trading platform IX Social” »
FNG Exclusive… Further to our recent exclusive report that longtime ADSS UK CEO Paul Webb and CFO Trevor Beagrie had left the company (with Mr. Webb moving to rival Equiti Capital), FNG has learned that a number of other senior executives have recently left the company, while ADSS has brought on board several other experienced…
Read More “Exclusive: More senior management turnover at ADSS” »
Leading Australia based Retail FX and CFDs broker IC Markets has announced a new partnership with leading esports brand OG Esports. The company said that it is happy to join institutions that share the same core values of innovation, technology and success, which is why it leapt at the opportunity to partner up with an…
As currency (and crypto) volatility continued and the equity bull continued to run, global Retail FX and CFDs broker Exness reported another stellar month for client trading volumes. Exness had a best-ever month in July 2021, reporting trading volumes of $974.5 billion – 13% above June’s $861.7 billion, and 5% better than March 2021’s previous…
Read More “Exness sets volume record with July at $974.5 billion” »
Most shareholder votes at most widely held publicly traded companies are not exciting affairs, with outcomes almost always pre-decided and in favor of what the board recommends. But this one promises to be interesting. After yesterday the Playtech board issued a Supplementary Circular which reset a shareholder vote for August 18 to approve the planned…
Read More “Gopher Investments urges Playtech shareholders vote against Finalto sale” »
Retail and institutional FX broker OANDA has made its second senior management hire in as many weeks. After we reported at the end of July that the company had hired WiZink exec Philip Holemans as its new CFO, OANDA has announced the appointment of John Farda as Managing Director of North America. Based in New York,…
Read More “OANDA adds Fidelity/E*Trade alum John Farda as MD North America” »
Cyprus financial regulator CySEC has issued a Board Decision announcing the suspension of the CIF license of Indication Investments Ltd. Indication Investments operates the Libertex Retail FX and CFDs brand, at website libertex.com. Libertex / Indication Investments was fined €160,000 last year by CySEC fine for issues that included not executing certain client orders on…
Read More “Libertex parent Indication Investments has CySEC license suspended” »
Estonia based Retail FX and CFDs brokerage group Admiral Markets AS has announced that the Supervisory Board of the company has appointed Andrey Koks as a new member of the Management Board as of 2 August 2021. The Management Board of Admiral Markets AS now consists of three members: Sergei Bogatenkov, Andrey Koks and Jens…
Read More “Admiral Markets AS adds CIO Andrey Koks to its Management Board” »
