Global law firm White & Case LLP has advised modern prop trading global leader FTMO on the financing of its acquisition of OANDA, one of the world's major online brokers.
"The acquisition of OANDA is an important milestone for FTMO and represents a major step forward in evolution of the global trading industry," said White & Case partner Tomáš Jíně, who led the Firm's deal team. "The White & Case team supported FTMO in the pursuit of its long term vision, with the combination of OANDA's global reach and nearly 30 years of experience and FTMO's innovative approach to prop trading a key step in its journey to create global trading powerhouse."
OANDA operates across the globe and holds licenses in key markets including the US, UK, EU, Japan and Australia. The acquisition enables FTMO to further expand its global footprint and accelerate its mission to provide a comprehensive ecosystem for traders, combining modern prop trading, brokerage services and advanced trading tools under one roof.
The White & Case team which advised on the transaction was led by partner Tomáš Jíně (Prague) and included partner Christoffer Adler (Los Angeles), local partner Radek Kraus (Prague) and associates Bettina de Catalogne (Paris), Grace Cannell (Los Angeles) and Vinh Ngo The (Prague).
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