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Online gaming and financial services company Playtech plc (LON:PTEC) has announced that its shareholders have voted overwhelmingly in favour of the company’s agreed-upon $250 million sale of its Financials division, Finalto, to Hong Kong based Gopher Investments. Playtech’s financial services division comprises the Finalto-branded institutional services business, and Retail FX/CFDs broker Markets.com. With the acquisition,…

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Social trading focused brokerage startup Public.com has revealed its second partnership agreement with a noted female brand ambassador in the past month, announcing the launch of InPower – a new interactive, educational program from Public.com and supermodel Iskra Lawrence. The new initiative, following on last month’s partnership with WNBA All-Star Skylar Diggins-Smith, aims to increase…

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Broadway, a leading provider of high-performance front-office solutions, today announced the appointments of Eitan Reich as Chief Technology Officer, of Misha Weinberg as VP of Engineering; and of Dario Gatta as Chief Information Officer. The promotions follow a series of executive hires, the recent expansion of Broadway’s global business development team and a corporate rebrand…

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Electronic trading major Interactive Brokers Group (NASDAQ:IBKR) today introduced GlobalAnalyst, a new tool that lets investors compare the relative valuations and financial metrics of stocks globally. GlobalAnalyst is designed for investors interested in international portfolio diversification to discover undervalued companies that may have greater growth potential. Recognizing that it can be challenging for investors to…

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Today, Nasdaq (NASDAQ:NDAQ) and Amazon Web Services, Inc (AWS), an Amazon.com Inc (NASDAQ:AMZN) company, announced a multi-year partnership to build the next generation of cloud-enabled infrastructure for the world’s capital markets. Beginning in 2022, Nasdaq plans to migrate its North American markets to AWS in a phased approach, starting with Nasdaq MRX, a U.S. options…

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The United States Department of Justice (DOJ) today filed a motion to intervene in a civil lawsuit brought by the Securities and Exchange Commission (SEC) against BitConnect, an online crypto lending platform, its founder Satish Kumbhani, and its top U.S. promoter and his affiliated company. According to the documents submitted today at the New York…

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Provider of financial markets data and infrastructure Refinitiv today announces that USD IBOR Institutional Cash Fallbacks are now production benchmarks. Also, Refinitiv will launch USD IBOR Consumer Cash Fallbacks 1-week and 2-month settings on January 3, 2022 – pending Refinitiv Benchmark Services (UK) Limited (“RBSL”) board approval. This follows the Alternative Reference Rates Committee’s (ARRC)…

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Compliance technology and data analytics firm SteelEye has launched an automated Three-Way Reconciliation solution to tackle MiFIR transaction reporting issues. The technology enables firms to fulfill their reconciliation requirements, validate their MiFIR reporting data and easily address errors – ensuring that reporting has been done completely and accurately. Complete and accurate reporting data is critical…

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The plaintiffs in a short squeeze lawsuit targeting companies such as Robinhood and Citadel need more time to draft an amended antitrust complaint. This becomes clear from documents filed in the Florida Southern District Court on November 29, 2021. Let’s recall that earlier in November the Court nixed the conspiracy claims against E*Trade Securities LLC;…

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The United States Commodity Futures Trading Commission (CFTC) has marked progress in its action against Forex fraudster Casper Mikkelsen. This is indicated by an order issued by the New York Southern District Court on November 29, 2021. The order, seen by FX News Group, shows that Judge John P. Cronan is finally satisfied that the…

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