M&A Deal Summary

ATFX Acquires Rakuten Securities Australia

On July 7, 2023, ATFX acquired financial services company Rakuten Securities Australia from Rakuten Securities

Acquisition Highlights
  • This is ATFX’s 1st transaction in the Financial Services sector.
  • This is ATFX’s 1st transaction in Australia.

M&A Deal Summary

Date 2023-07-07
Target Rakuten Securities Australia
Sector Financial Services
Buyer(s) ATFX
Sellers(s) Rakuten Securities
Deal Type Divestiture

Target

Rakuten Securities Australia

Sydney, Australia
Rakuten Securities Australia is a provider of comprehensive suite of trading services. Rakuten Securities Australia is based in Sydney, Australia.

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Buyer(S) 1

Buyer

ATFX

London, United Kingdom

Category Company
Sector Internet Software and Services
DESCRIPTION

ATFX is an online trading services provider, offering a wide range of trading instruments, including forex, CFDs, indices, commodities, and more. ATFX is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 2
Sector: Financial Services M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2023 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-14 Khwezi

Cape Town, South Africa

Khwezi is a licensed ODP (Over-the-Counter Derivative Provider) that enables financial service providers to legally offer over-the-counter derivatives, such as contracts for difference (CFDs). Khwezi is based in Cape Town, South Africa.

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Seller(S) 1

SELLER

Rakuten Securities

Tokyo, Japan

Category Company
Sector Financial Services
DESCRIPTION

Rakuten Securities, Inc. is a online brokers in Japan. Rakuten Sec is ranked 3rd in terms of equities trading value and 5th in terms of FX trading value in the Japanese securities market.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-14 FXCM Asia

Central, China

FXCM Asia Ltd. is a provider of software platform services for online trading.

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