FTMO Completes OANDA Acquisition to Forge Trading Powerhouse
FTMO has finalized its acquisition of OANDA Global Corporation from CVC Asia Fund IV, marking a strategic expansion into multi-asset trading platforms. The deal, initiated earlier this year, received final regulatory approval in November before closing on December 1.
OANDA's global footprint across New York, Toronto, London and Asian financial hubs complements FTMO's proprietary trading technology. The transaction represents FTMO's continued aggressive expansion following previous strategic acquisitions in the trading sector.
Founders Otakar Šuffner and Marek Vašíček position this as a transformative step in building comprehensive trading services spanning proprietary trading, brokerage and analytics. OANDA's established regulatory licenses and institutional client base offer immediate scaling potential.