Apple wiped almost $40 billion from its value
July 23rd, 2015
The biggest technology rally since October was knocked cold, as disappointing earnings reports punished Microsoft Corp. and gave Apple Inc. its biggest loss this year. Five days after Google Inc.’s earnings spurred the largest one-day wealth creation by any ...
Proposed Acquisition of Ava Trade Ltd. and new Revolving Credit Facility
July 1st, 2015
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 ...
Shanghai Shenyi Invetsment Co. deploys ORC to enhance Options Trading Capability in China
June 29th, 2015
Orc, the global market leader in electronic trading technology for listed derivatives, today announced that Shanghai ShenYi Investment Co. (ShenYi) has implemented Orc’s Trading Bricks solution to improve trade efficiency for ETF options trading on Shanghai Stock Exchange (SSE). ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
EBA: 51% Attack Remains Bitcoin’s Biggest Problem
June 18th, 2015
Bitcoin’s biggest problem is still the threat of a 51% attack, according to Dr Dirk Haubrich, head of consumer protection and financial innovation at the European Banking Authority (EBA). He said his main concern about the widespread adoption of ...
Playtech Equity Raise: Placing of up to 29,050,000 Ordinary Shares
June 18th, 2015
LSE has issued a press release regarding Playtech £0.25 Billion Equity Raise The Placing Shares represent approximately 9.9 per cent. of the Company’s issued share capital immediately prior to the Placing and the number of Ordinary Shares in issue ...
Playtech Pays £460 Million for U.K. Trading Platform Plus500
June 2nd, 2015
Plus500 Ltd. agreed to a $703 million bid from Playtech Plc, two weeks after the trading platform froze customer accounts, its stock plunged and short-sellers began circling. Playtech reserved the right to walk away if needed. Playtech, an online ...
Russian regulator acting ‘adequately’ as economy stabilizes – IMF
May 20th, 2015
The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the International Monetary Fund (IMF) Min Zhu. “I think the Russian ...
Orc obtains CBOE certification for next-generation trading platform
May 18th, 2015
Orc, a global leader in trading technology, today announced that its next-generation Orc Tbricks trading platform now offers a certified interface to the Chicago Board Options Exchange (CBOE), including the CBOE Futures Exchange (CFE). The new high-speed interface enables ...
Russia is creating a $100 billion rival to the IMF
May 4th, 2015
Russian President Vladimir Putin ratified an accord Saturday to set up a $100-billion reserve fund for the so-called BRICS — the five leading emerging economies that include Russia, China, Brazil, India and South Africa. Moscow is expected to contribute ...
