In a rather unusual deal, one of the leading Polish brokerages, TMS Brokers, has acquired a professional trading company. A move that is boosting the firm’s dealings in futures trading and its financial advisory arm by also gaining access to a wide pool of talent that specialises in the financial markets. TMS Brokers has acquired a controlling stake of 51% of the shares of ProTRADER.
TMS Brokers was itself taken over back in 2012, when it was delisted from the NewConnect Exchange after a majority stake had been acquired by Nabbe Investments Ltd. The main specialty of the ProTRADER is to trade futures and commodities contracts, so one can not help but wonder, how has it become an acquisition target for a brokerage.
The presidents of the companies, Ireneusz Twardziak and Mariusz Potaczala have outlined that joining forces for them is a step that is likely to increase their competitive advantage and provide some opportunities for new projects.
TMS Brokers’ CEO, Mariusz Potaczala elaborated on the purchase that “the acquisition helps us emphasise the wide range of investment opportunities at our clients’ disposal. ProTRADER’s unique strategy is also going to allow us to offer the most competitive futures trading pricing in the CEE region. We are determined to become as strong in the futures trading as we are in FX market.” The complete details of the acquisition have not been disclosed to the public.
The founder and president of ProTRADER, Ireneusz Twardziak, has kept the rest of the shares of the firm, with a minority stake of 49% in the company. According to a press release on TMS’s website, about 160 people are working at the company presently. With such a vast talent pool, there is a big possibility that TMS was aiming to dip into this serious resource and expand further its operations.
The acquisition of shares in ProTrader could increase TMS Brokers’ competitive advantage. According to Mr. Potaczala, TMS is aiming to get a distinguished name as a futures and commodities broker in the same way that it has achieved that in the foreign exchange space. He goes on elaborating in the press release that ProTRADER’s unique trading strategy will bring additional market to the company.
ProTRADER’s educational program that spreads across the country’s universities and tries to bring in additional traders and talent to the company is likely to be leveraged to be used by TMS for its Forex University initiative.
While the deal seems surprising in character, this acquisition is certainly an alternative approach to the business side of financial markets dealing and will provide a useful insight as to how two companies from a different side of the business will be able to assist each-other’s goals.
According to its website, TMS has a financial consultancy department, that could benefit from the analytical departments at ProTRADER. At the same time signal provisions services and vast amounts of analytical tools could be tapped to attract existing FX traders to dip into other asset classes such as futures and commodities.
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