According to Bpaynews, FTMO has finalized its acquisition of OANDA Global Corporation from CVC Asia Fund IV after securing five regulatory approvals. The deal, which closed on December 1, unites FTMO’s prop trading platform with OANDA’s regulated multi-asset brokerage operations across eight jurisdictions, including the U.S., U.K., and Singapore. OANDA will continue to operate as a standalone business under FTMO’s ownership, with no immediate operational changes expected. The integration could enhance execution quality, data tools, and product breadth for traders, while maintaining regulatory compliance. Financial terms of the deal were not disclosed.
FTMO Completes Acquisition of OANDA from CVC, Merging Prop Trading with FX Brokerage
BpaynewsShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.