Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Wednesday, March 24 2021 - 06:19
Regulator greenlights OANDA acquisition of TMS Brokers
LONDON, March 24, 2021 /PRNewswire-AsiaNet/ --

A global leader in online multi-asset trading services, currency data and 
analytics, OANDA[] Global Corporation has received 
regulatory approval to complete the acquisition of leading Polish broker, Dom 
Maklerski TMS Brokers SA (TMS). The purchase was approved by the Polish 
Financial Supervision Authority earlier today.

Gavin Bambury, Chief Executive Officer of OANDA, said, "We're delighted to have 
received regulatory approval for the acquisition of TMS Brokers. With the 
purchase now approved, we're looking forward to closing the deal and beginning 
work on the integration of our technology infrastructure, key tools and trading 
resources in order to deliver the best possible trading experience to OANDA and 
TMS clients alike."

OANDA first entered into an agreement to acquire 100% of the shares of TMS 
Brokers in September 2020. The deal marks the first in a series of strategic 
acquisitions OANDA is looking to complete in the coming years.


Founded in 1996, OANDA was the first company to share exchange rate data free 
of charge on the Internet, launching an FX trading platform that helped pioneer 
the development of web-based currency trading five years later. Today, the 
group provides online multi-asset trading, currency data and analytics to 
retail and corporate clients, demonstrating an unrivalled expertise in foreign 
exchange. With regulated entities in eight of the world's most active financial 
markets, OANDA remains dedicated to transforming the business of foreign 
exchange. For more information, please visit[] 
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About TMS

TMS Brokers is the oldest multi-asset broker in Poland. Since 1997, TMS has 
provided service to thousands of Polish and European customers offering trading 
on FX, CFDs on indices, single stocks and commodities with MT4/MT5 platforms 
and an innovative proprietary mobile app. The firm's multiple-award-winning 
team helps individuals and companies with all currency and equities related 
services that include advisory and analysis, money exchange and licensed 
digital payment solutions.