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Forex Industry Week Review: Playtech acquires CFH Group, EUBOA holds meeting, LCG issues 5 million shares, and more

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by , 12-05-2016 at 04:52 PM (911 Views)
      
   
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Playtech acquires CFH Group for $120 million
Online gaming technology company Playtech PLC (LON:PTEC), which was unsuccessful last year in its attempts to buy Retail Forex brokers AvaTade and Plus500 is once again attempting to increase its footprint in the FX world by agreeing to acquire institutional Forex player CFH Group for $120 million.

Binary Options industry association EUBOA holds meeting #3.
the new binary options industry association EUBOA held its third board meeting last week, this time in Israel. The first two EUBOA meetings took place in Cyprus.

LCG issues 5 million shares to new brand ambassador Stan Wawrinka.
UK online trading firm London Capital Group Holdings plc (LON:LCG) has made a regulatory filing indicating that ATP World Tennis #3 player and reigning US Open champion Stan Wawrinka has been issued 5 million LCG shares as part of his association with the company.

EZTrader.com has another tough quarter: $3.2 million Q3 loss, Going Concern doubt.
Another rough quarter at Binary Options brokerage group EZTD Inc, which seems to somehow keeps raising more money to stay in business.

Israel’s ISA hands out first-ever Binary Options Broker fine.
Israel financial regulator the Israel Securities Association (ISA) has handed out its first-ever fine to a Binary Options broker, for engaging in unregulated binary trades with Israeli clients.

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