Announced

FTMO to acquire OANDA from CVC Capital.

Synopsis

FTMO, a global provider of educational and training services, agreed to acquire OANDA, a global digital platform for active traders, from CVC Capital, a private equity firm. Financial terms were not disclosed. "Providing world-class multi-asset trading capabilities with a client-focused mindset is our singular purpose at OANDA. We are well positioned for future growth thanks to a global footprint of licenses, OANDA’s trusted brand, the scalable technology platform and the broad offering we provide to our customers. We thank CVC for their confidence in us and support of our mission of transforming OANDA into the global leader it is today. We are excited to continue delivering on our strategy under FTMO’s ownership," Gavin Bambury, OANDA CEO.

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