FXCM has finalized its acquisition of ODL Group, which will create the world's largest retail Forex broker, pending due diligence and regulatory approval. The merger will combine FXCM's monthly trading volume of $365 billion with ODL's estimated $100-150 billion, serving over 200,000 clients with combined assets exceeding $800 million. This strategic move is seen as a way for FXCM to diversify its offerings beyond Forex trading, potentially including options, equities, and commodities. The acquisition will also enhance ODL clients' access to FXCM's No Dealing Desk execution model, which allows for automated trading with competitive pricing from multiple banks. The deal is expected to strengthen FXCM's presence in Europe and solidify its position as a leading global trading broker.

FXCM has finalized its acquisition of ODL Group, which will create the world's largest retail Forex broker, pending due diligence and regulatory approval. The merger will combine FXCM's monthly trading volume of $365 billion with ODL's estimated $100-150 billion, serving over 200,000 clients with combined assets exceeding $800 million. This strategic move is seen as a way for FXCM to diversify its offerings beyond Forex trading, potentially including options, equities, and commodities. The acquisition will also enhance ODL clients' access to FXCM's No Dealing Desk execution model, which allows for automated trading with competitive pricing from multiple banks. The deal is expected to strengthen FXCM's presence in Europe and solidify its position as a leading global trading broker.