TradeStation Group to go public via a SPAC merger with Quantum FinTech Acquisition in a $1.43bn deal.

TradeStation Group, a brokerage and trading platform, agreed to go public via a SPAC merger with Quantum FinTech Acquisition, a special purposes acquisition firm, in a $1.43bn deal. The PIPE investors in the deal include Monex Group, Galaxy Digital, XBTO Ventures, and Appian Way Asset Management. “This transaction is an exciting new chapter in the ongoing story of TradeStation as an innovator that supports traders and investors seeking to claim their financial edge. Throughout TradeStation’s history, we have grown by providing our clients with a multi-asset trading platform, innovative new products and rich educational content that builds confidence among seasoned and first-time investors alike," John Bartleman, TradeStation President and CEO.