Teddy Sagi is also said to have held talks regarding further acquisitions in the sector

Playtech acquires online trading platform AvaTrade

Gaming software and services supplier Playtech has reportedly struck a deal to acquire online trading platform AvaTrade.
2015-05-15
Reading time 18 seg
Gaming software and services supplier Playtech has reportedly struck a deal to acquire online trading platform AvaTrade.

According to the Reuters news agency, the purchase exercises an option held a month ago when Playtech acquired online trader Markets.com.

Israeli website Financemagnates.com suggests that Sagi has visited Cyprus on numerous occasions to discuss a potential purchase of privately-owned retail broker IronFX.

Playtech is yet to officially comment on the reports regarding the AvaTrade deal or the potential acquisition of IronFX.

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