TMS Brokers is acquired by Oanda Global Corporation

OANDA Global Corporation (an international Oanda broker) has signed an agreement to acquire 100% of the shares of one of the oldest, Polish Forex brokers - Dom Maklerski TMS Brokers SA The transaction requires approval by the Polish Financial Supervision Authority, but it is probably just a formality.

TMS is taken over by the popular Oanda

Oanda is a retail Forex broker that became extremely popular around the world (including Poland) almost two decades ago. Even then, their clients were offered an extremely interesting trading platform (other than MT4) and the ability to trade currencies by operating units, not full lots. Now Oanda returns with a bang to the Polish market, although it does so by purchasing all shares in TMS Brokers.

Gavin Bambury, CEO of Oanda

Gavin Bambury, CEO of OANDA, said:

“We are very pleased with the transaction and would like to personally welcome the entire TMS team at OANDA. Europe is a key market for our business. The acquisition of Dom Maklerski TMS Brokers SA gives ONADA a strong presence on the Polish market and builds a solid base for development in the Baltic States, complementing our well-established position in Western Europe. "

This is an important step in the development of both companies. TMS will gain access to the latest technological solutions, a wide range of products and global reach. OANDA, by choosing TMS Brokers, expands the area of ​​activity in Europe.

Marcin Niewiadomski, CEO of TMS, commented:

“We are very proud to be part of such a strong group with large capital and global reach. We believe that thanks to this transaction, TMS will strengthen its position in Poland and the Baltic States, and that we will be able to offer our current and future clients access to new products and innovative technologies, giving them wide access to investment opportunities on global markets. "

The current TMS offer will remain available to all customers. No changes to contracts are required, and all rules of operation, access channels and forms of communication will not change.

Artur Haze, Managing Partner of ForeVest Capital, said:

“During our management of the investment, TMS expanded its customer base, improved technology and expanded its geographic reach in Poland and the Baltic States. There is a strong strategic alignment between TMS and OANDA and I am delighted that TMS will be able to grow as part of the global leader in this segment. "

The acquisition of TMS shares is the first in a series of strategic transactions in key markets that OANDA has planned for the next two years. OANDA managed by CEO - Gavin Bambury - is undergoing an operational transformation, expanding the product offer and increasing investment outlays on marketing, which enables its further growth.

OANDA

Established in 1996, OANDA was the first company in the world to provide free currency quotes online, and five years later, as one of the pioneers of this market, launched a web-based FX platform for currency trading. Today, the company provides access to trading on multiple asset classes, data and currency and analytical services for individual and institutional clients, being a leader in the foreign exchange market. The Group has seven regulated entities in all major financial markets. OANDA continues to actively develop the world currency exchange market and services.