OANDA International Company introduced the launch of its European operations from Poland below the supervisory of the KNF, the Polish Monetary Supervision Authority (PFSA).
The dealer now gives companies within the European Union with OANDA TMS Brokers SA, which has a registered workplace in Warsaw. The institution of the brand new European base got here as OANDA closed its operations in Malta as a strategic resolution.
“That is an thrilling new chapter and a big development alternative for OANDA within the EU. We wish to serve the consumer in one of the simplest ways doable, so we made the choice to base our operations in Poland,” mentioned OANDA’s Head of Europe, Marcin Niewiadomski. “This was a pure selection, as it’s going to allow us to construct the OANDA model on the strengths of OANDA TMS.”
OANDA’s secured its plans to function from Poland after finishing the acquisition of a 100% share of Polish dealer Dom Maklerski TMS Brokers S.A. (TMS Brokers), which has now been rebranded as OANDA TMS. Established in 1997, TMS was the oldest and second-largest native Polish brokerage, which ForeVest Capital had earlier owned.
Shifting European Base
Earlier, OANDA revealed its intentions to cease providing companies below the Maltese subsidiary and transfer to Poland to consolidate its operations” in Europe below OANDA TMS.
“Now, due to our refocused operations, traders and merchants within the EU can simply entry an intensive multi-asset proposition with the information that they’re partnering with a trusted, award-winning, and controlled dealer,” Niewiadomski added.
OANDA entered the foreign currency trading enterprise in 1996 and now operates globally in all main markets. Aside from the Polish base, the dealer can be licensed in different international locations, together with america, Canada, Japan, Australia, Singapore, and the UK. It is among the handful of brokers legally providing foreign money buying and selling within the US.
In the meantime, OANDA can be specializing in the quickly rising cryptocurrency market. Final 12 months, it partnered with blockchain agency Paxos to launch a crypto buying and selling service in america.
The dealer additionally strengthened its management with just a few key appointments final 12 months. It onboarded Galin Georgiev, a former Prime XM government, because the Head of Product Operations. Additionally, it added Jessica Beckstead, who spent 18 years at FXCM, because the Managing Director for North America and its Chief Government Officer for the US.
OANDA International Company introduced the launch of its European operations from Poland below the supervisory of the KNF, the Polish Monetary Supervision Authority (PFSA).
The dealer now gives companies within the European Union with OANDA TMS Brokers SA, which has a registered workplace in Warsaw. The institution of the brand new European base got here as OANDA closed its operations in Malta as a strategic resolution.
“That is an thrilling new chapter and a big development alternative for OANDA within the EU. We wish to serve the consumer in one of the simplest ways doable, so we made the choice to base our operations in Poland,” mentioned OANDA’s Head of Europe, Marcin Niewiadomski. “This was a pure selection, as it’s going to allow us to construct the OANDA model on the strengths of OANDA TMS.”
OANDA’s secured its plans to function from Poland after finishing the acquisition of a 100% share of Polish dealer Dom Maklerski TMS Brokers S.A. (TMS Brokers), which has now been rebranded as OANDA TMS. Established in 1997, TMS was the oldest and second-largest native Polish brokerage, which ForeVest Capital had earlier owned.
Shifting European Base
Earlier, OANDA revealed its intentions to cease providing companies below the Maltese subsidiary and transfer to Poland to consolidate its operations” in Europe below OANDA TMS.
“Now, due to our refocused operations, traders and merchants within the EU can simply entry an intensive multi-asset proposition with the information that they’re partnering with a trusted, award-winning, and controlled dealer,” Niewiadomski added.
OANDA entered the foreign currency trading enterprise in 1996 and now operates globally in all main markets. Aside from the Polish base, the dealer can be licensed in different international locations, together with america, Canada, Japan, Australia, Singapore, and the UK. It is among the handful of brokers legally providing foreign money buying and selling within the US.
In the meantime, OANDA can be specializing in the quickly rising cryptocurrency market. Final 12 months, it partnered with blockchain agency Paxos to launch a crypto buying and selling service in america.
The dealer additionally strengthened its management with just a few key appointments final 12 months. It onboarded Galin Georgiev, a former Prime XM government, because the Head of Product Operations. Additionally, it added Jessica Beckstead, who spent 18 years at FXCM, because the Managing Director for North America and its Chief Government Officer for the US.
