OANDA completes acquisition of TMS Brokers

One of the world leaders in the field of trading in financial instruments, currency, and analytical services, OANDA Global Corporation, has finalized the acquisition of Dom Maklerski TMS Brokers SA (TMS), one of the largest brokers in Poland. At the beginning of the week, the transaction was approved by the Polish Financial Supervision Authority.

“The acquisition of TMS marks the beginning of an exciting new phase of development for OANDA. Thanks to the transaction, we will not only increase the scale of operations in the Polish market but also be able to expand the geographical coverage in the Baltic region and Eastern Europe. The acquisition of a Polish company is also an opportunity for us to strengthen our comprehensive offer, which will benefit customers all over the world. We are very excited to have the TMS team join our ranks," Gavin Bambury, President of OANDA, said.

“Based on a global brand and experience, OANDA has been combining innovation with breakthrough technology for many years to provide first-class service and online investing products to customers around the world. We are delighted to be part of the OANDA family at such an interesting moment in the company's 25-year history," Marcin Niewiadomski, CEO of TMS, added.

The offer of TMS, the oldest brokerage house in Poland offering currency trading services, includes thousands of investment products available on global financial markets, including currencies, indices, commodities, stocks, cryptocurrencies, and ETFs from the world's largest exchanges. The company also provides access to the services of experienced advisors, proven educational solutions, and innovative stock exchange tools. Over the years, it has been awarded a number of prestigious awards for its activities.

The acquisition of TMS is the second investment that OANDA has made in Poland in the last year. In 2020, the company opened a shared services center in Krakow, which currently employs almost 100 people.

(PAP)