Daily news

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    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

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    Revenue falls to £84.2m in first half of financial derivatives trader's financial year

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    Google has moved to ban adverts that promote contracts for difference (CFD) products, binary options and financial spread betting from its platforms

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    Spread betting firms saw their share prices plummet after the European Union’s financial regulator announced a crackdown on binary options and contracts for difference

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    Online trading platform FxPro has cancelled an initial public offering (IPO) amid plans by the UK’s Financial Conduct Authority (FCA) to introduce new measures within the spread-betting sector.

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    The UK’s Financial Conduct Authority (FCA) has today (Tuesday) proposed a new set of rules for firms selling contract for difference (CFD) products to retail customers in an effort to improve standards across the sector.

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    IG Group has said that despite the three months to August 31 being a “challenging” period for the firm, it was able to perform “relatively well” and post year-on-year revenue growth.

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    Financial trading and spread betting firm IG Group generated a rise in net revenue in the six months through to November 30, 2015.