Tag Archives: London Stock Exchange

BetFair set a price range for its initial public offering on the London Stock Exchange at $17.48 to $22.25 a share, valuing its equity at up to $2.35 billion.

Posted on October 7, 2010 by Chris F. Masse

“The wide price range, for an equity value between Â£1.16 billion and Â£1.48 billion, reflects mixed views on the company’s prospects for growth in countries with strict regulations on gambling, such as the U.S., and for its new financial-trading platform, … Continue reading →

Posted in Exchanges & Markets, Finance, Financial Markets | Tagged BetFair, BetFair IPO, Finance, Financial Markets, Great Britain, London, London Stock Exchange, stock market, stock markets, stocks, United Kingdom | Leave a comment

FlyWheel = BetFair’s advanced trading engine

Posted on November 16, 2007 by Chris F. Masse

Silicon: [...] In the end, the R&D team came up with a betting engine, called FlyWheel, that could demonstrate a throughput of almost 100,000 transactions per second, while also reducing the cost per transaction by 200 times. Even with a … Continue reading →

Posted in Inventions & Innovations, Software | Tagged Advanced Technology Group, BetFair, BetFair Advanced Technology Group, event derivative markets, event derivatives, FlyWheel, London Stock Exchange, prediction markets, Software, transaction processing system | 2 Comments

BetFair is expanding into spread betting.

Posted on October 29, 2007 by Chris F. Masse

London Capital Group: London Capital Group Holdings PLC 29 October 2007 29 October 2007 London Capital Group Holdings plc Betfair White Label Agreement London Capital Group Holdings plc (the “Company”), the financial services and online spread betting company, is pleased … Continue reading →

Posted in Betting, Exchanges & Markets, Finance | Tagged BetFair, Cenkos Securities plc, Chief Executive Officer, financial betting product, financial services, Financial Services Authority, foreign exchange trading services, Frank Chapman, General Financial sector, George Hudson, Ian Soanes, in-house product, London Capital Group Holdings PLC, London Capital Group Limited, London Stock Exchange, online spread betting, Paddy Power, prediction markets, spread betting products, stockbroker, the London Stock Exchange, Tom Hardman, Trader, white label spread betting product, www.londoncapitalgroup.com | Leave a comment

Interesting information about BetFair I found out on their corporate website

Posted on September 25, 2007 by Chris F. Masse

BetFair Corporate: Corporate and Operational Overview Corporate Overview Betfair is a registered bookmaker in the UK, where it operates an online betting exchange. Betfair also operates under licences in Australia, Austria and Malta and is seeking licences elsewhere within the … Continue reading →

Posted in Business, Ethics, Exchanges & Markets, Regulations, Software | Tagged A. Betfair, Andrew Black, API, Australia, Austria, Betfair Australasia PTY Limited, Betfair Casino Limited, Betfair Counterparty Services Limited, BetFair Games, Betfair Games Limited, Betfair Ltd, Betfair Poker Limited, Chancellors Road, Confederation of British Industry Growing Business, cricket, Denmark, Department of Trade and Industry, Dublin, eBay, Ed, Edward Wray, Europe, European Union, football, Germany, golf, Google, Hammersmith Embankment Winslow Road, Hobart, horse racing, internet access, JP Morgan, London, London Stock Exchange, Malta, New York Stock Exchange, non-executive chairman, online betting exchange, online casino, online poker sites, Oracle, Queen, satellite offices, soccer, software tools, South Africa, sports betting exchange product, Sun Solaris, Tasmania, Tasmanian Gaming Commission, tennis, The Sporting Exchange Limited, TSE, TSE Development Ltd, United Kingdom, United States, vice president, Wales | Leave a comment

BetBrokers stock sliding at the London Stock Exchange

Posted on August 31, 2007 by Chris F. Masse

Opened at Â£16.50 on November 1st, 2006. Â£4.62 this afternoon. = -72% since flotation, if I can compute. Our Deep Throat was probably right to be skeptical of their business model —we upset them at the time, of course.

Posted in Betting, Business, Exchanges & Markets, Finance | Tagged GBP, London Stock Exchange | Leave a comment

Does betting exchange BetFair handle more daily trades than the New York Stock Exchange?

Posted on August 23, 2007 by Chris F. Masse

No, but BetFair might well be the world’s third financial exchange in terms of transaction volumes (which is a secondary metrics, of course). Steve Roman (who works in NYC’s financial industry) attracted my attention to this line from The Los … Continue reading →

Posted in All Best Posts Ever, Analysis (Data), Analysis (Industry), Exchanges & Markets, Finance, Market Liquidity | Tagged Australia, Chicago, Civil Rights Action Corporation, Eric Zitzewitz, head, Internet gambling colossus Betfair, Jason Ruspini, Jed Christiansen, London, London Stock Exchange, Los Angeles Times, New Financial Betting, New York Board of Trade, New York Stock Exchange, prediction markets, Robin Marks, Steve Roman, The Los Angeles Times, United Kingdom | Leave a comment

About Reuters, the alleged InTrade partner

Posted on March 5, 2007 by Chris F. Masse

Reuters (Key Facts): – Founded in London in 1851 – Around 330,000 professional users – Approximately 15,300 staff in 89 countries – World’s largest international multimedia news agency – 2,300 editorial staff, journalists, photographers and camera operators in 196 bureaux … Continue reading →

Posted in Resources - References | Tagged camera operators, GBP, Internet reaching millions, London, London Stock Exchange, multimedia news agency, Reuters, Reuters Group | Leave a comment