m&a
Exclusive: Gallant Capital Markets Acquired by WSM Investments for $14.5 Million
- The New Zealand based global banking services company, WSM Invest will be merged under the Gallant Capital Markets brand. The group sees the strategic combination as key to driving growth in Europe and Asia.
Thursday, 17/07/2014 | 13:09 GMT by
Avi Mizrahi
Expresscoin Receives $150,000 Funding From Bitcoin Shop, Valued at $9 Million
Wednesday, 16/07/2014 | 11:51 GMT by
Ron Finberg
Spreadex Making a Move for London Capital Group, Discusses All-Cash Offer
- Coming public with the proposed bid, Spreadex has confirmed that they have had discussions with London Capital Group (LCG) for the acquisition of the firm, proposing 30p per share which was rejected by LCG's board.
Wednesday, 02/07/2014 | 14:32 GMT by
Ron Finberg
Taking the Sure Bet, London Capital Group Board Recommends Financing
- With voting slated tomorrow for LCG shareholders to decide whether to accept the proposed £17.5M financing from Charles-Henri Sabet led GLIO Holdings, the board has issued a statement that it continues to back the deal.
Wednesday, 02/07/2014 | 13:47 GMT by
Ron Finberg
NinjaTrader Acquires Mirus Futures, Launches NinjaTrader Brokerage
- Moving from platform provider to futures broker,NinjaTrader Group, has announced that it has acquired Mirus futures today. With the acquisition, NinjaTrader is launching NinjaTrader Brokerage.
Monday, 30/06/2014 | 15:30 GMT by
Ron Finberg
Monex Announces Membership in MIT Media Lab, as Academia Sought for Cutting Edge Technology
- The Tokyo-based FX broker operating globally, has today announced its membership as a Consortium Laboratory Member with Massachusetts Institute of Technology's MIT Media Lab, for an estimated $400K per annum.
Friday, 18/04/2014 | 10:23 GMT by
Steven Hatzakis
GAIN Capital Acquires Galvan Research as it Aims to Boost CFD Offering
- GAIN Capital has announced that it is acquiring Galvan Research, a UK based CFD advisory services firm, for an undisclosed sum. The FCA licensed advisory firm provides clients recommendations trading reports.
Monday, 07/04/2014 | 11:09 GMT by
Ron Finberg
Shizuoka Bank Acquires 19.54% Stake in Monex Group for $235M, Forms Business Alliance
- In a deal valued at $235 million, Shizuoka Bank has acquired ORIX Corporation's 19.54% stake in Monex Group. Following the purchase, Shizuoka becomes Monex's largest shareholder, as well as newest business partner.
Wednesday, 02/04/2014 | 08:39 GMT by
Ron Finberg
Mergers and Acquisitions in 2013 - Review and Analysis
- From the FXCM-GAIN Capital-GFT saga to Thomson Reuters’ acquisitions to the merger of GETCO and Knight Capital forming KCG, Forex Magnates examined the reasons that made M&A such a hot trend last year.
Saturday, 01/02/2014 | 08:39 GMT by
Avi Mizrahi
Exclusive: Depaho Ltd Soaks Up FXGM as Cypriot M&A Activity Follows the Big Boys
- CySec has today announced that FXGM has renounced its CIF license, with FXGM stating that it has completed a merger with Depaho Ltd, resulting in the transfer of all staff, including CEO Gil Farhang.
Thursday, 23/01/2014 | 14:11 GMT by
Andrew Saks McLeod
Moscow Exchange Sells Stake in MICEX-IT to B2B Marketplace for 440 Million Rubles
- As the demand for global accessibility to Moscow Exchange continues, the venue today announced the sale of its MICEX-IT division to online portal Fabrikant.ru for 440 million rubles.
Tuesday, 21/01/2014 | 20:21 GMT by
Andrew Saks McLeod
Insitutional M&A Activity Kicks Off The New Year: Virtusa Buys TradeTech For $20 Million
- As the first week of 2014 completes, the retail FX M&As of last year give way to an institutional FX acquisition as Virtusa buys TradeTech Consulting for $20 million in cash plus extras.
Tuesday, 07/01/2014 | 21:59 GMT by
Andrew Saks McLeod
2014 Forex Industry Predictions: M&A, Regulation, and Digital Currencies
- Following last year’s popular 2013 predictions post, the team at Forex Magnates have come up with our newest forecasts for this year. See what we think about coming IPOs, M&A activity, regulation, and of course, bitcoins.
Thursday, 02/01/2014 | 10:58 GMT by
Ron Finberg
KCG Announces $100 Million Credit Facility Repayment
- Also according to today's announcement, a credit facility of $535 Million was needed to finance the merger of GETCO and Knight Capital into KCG Holdings back in July, $300 Million of which is already repaid
Wednesday, 04/12/2013 | 16:15 GMT by
Avi Mizrahi
GETCO M&A Brings In $128M Net Gain As KCG Releases Amendment To Q3 Earnings
- KCG Holdings has today released an amendment to its previously posted figures for Q3 of 2013, to include the non-cash net gain of $128 million resulting from GETCO's investment in the company in June this year.
Wednesday, 13/11/2013 | 08:51 GMT by
Andrew Saks McLeod
Faros M&A Details Announced As FXCM Reports Q3 Results
- According to FXCM's SEC quarterly report, the company provided an initial cash payment of $5 million and a follow-on payment to be made in 2015 will cloud bring the total purchase price to $15.6 million.
Tuesday, 12/11/2013 | 14:48 GMT by
Avi Mizrahi
GAIN Capital Posts Metrics For October: Retail ADVs Up, Institutional ADVs Down
- GAIN Capital has today announced its monthly metrics for October 2013, with an increase of 43.3% MoM in total retail trading volume along with high ADVs, whereas the company's institutional ADVs receded by 4.5% MoM.
Monday, 11/11/2013 | 13:19 GMT by
Andrew Saks McLeod
Single Corporate Identity: Swissquote To Redirect AC Markets Site To Swissquote.com
- Swissquote has completed two acquisitions over the last three years in order to expand its presence in the retail FX market, and in a move to ensure unity within the firm, today announced redirection of ACM site.
Friday, 08/11/2013 | 13:11 GMT by
Andrew Saks McLeod
MIG Bank M&A Details Public as Swissquote Reports Q3 2013 Results
- Swissquote has today announced its financial results for the first nine months of 2013, which demonstrate a steady increase in net revenue and profit despite the company's one-off cost sustained in purchasing MIG Bank.
Tuesday, 05/11/2013 | 08:01 GMT by
Andrew Saks McLeod
FXCM Appoints Yousef Malek Shamoun As Managing Director For Middle Eastern Operations
- With a number of retail FX brokers looking toward the east as a region of potential growth, FXCM has today announced the appointment of ex FX Solutions executive Yousef Malek Shamoun As Head of Middle Eastern Office.
Monday, 14/10/2013 | 15:30 GMT by
Andrew Saks McLeod
FXCM Announces Issuance Of $12M Note To Infinium - Is Takeover On The Cards?
- FXCM has today announced that it has issued high frequency trading firm Infinium Capital Holdings with a $12 million note which matures in August 2015 following interest in acquiring the company.
Tuesday, 08/10/2013 | 13:06 GMT by
Andrew Saks McLeod
M&A Activity Continues! Swissquote Acquires MIG Bank
- In what is proving to be a week of M&A activity, Swissquote has today announced its outright purchase of MIG Bank with a view to strengthen its expansion program.
Wednesday, 25/09/2013 | 06:33 GMT by
Andrew Saks McLeod
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