etoro buys US focused online broker TradeZero for $231M
TradeZero generated approximately $80 million in revenue with 81% gross margins in the last twelve months.
TradeZero generated approximately $80 million in revenue with 81% gross margins in the last twelve months.
Back in 2022, Solid became a minority shareholder in MAS (then known as BidX Markets).
The deal includes client funds in the eight-figure range as well as a four-digit number of accounts.
Skilling will retain its brand while leveraging the group’s advanced technology stack, compliance expertise, and international licenses.
Zvika Barinboim attempted to acquire B2B provider Finalto and CFDs broker Markets.com from gaming tech company Playtech in 2021.
Geely Group will be receiving €802 million ($867 million) for its 49.88% stake in Saxo Bank.
Saxo Bank co-founder and current CEO Kim Fournais is not party to the sale, and will retain his approximate 28% ownership in the company.
Johannesburg-headquartered DMA will assume 80.1% ownership of the Australian business, while Saxo Bank will retain 19.9%.
FTMO plans to maintain the OANDA group as a fully standalone business after completing the transaction.
The acquisition comes with a license issued by Indonesia’s financial regulator Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI).