FNG Exclusive… FNG has learned that there has been an M&A deal completed in the Australia FX and CFD brokerage world, with Melbourne based Fortune Prime Global inking an agreement to take over ASIC licensed CFDs broker GMT Markets.
GMT Markets is a provider of Forex and CFD trading services in Australia and has held an Australian Financial Services License since 2011 (GMTK Global Pty Ltd, AFSL: 400364). The company’s headquarters are based in Melbourne, Australia. GMT has been mainly focused on clients from the Far East having operations running across the Asia Pacific region including in Greater China, Hong Kong and Singapore. GMT has been run since 2018 by Managing Director Arthur Liu.
Mark Tsang, Head of Business Development of Fortune Prime Global, stated to FNG,
“We are excited to provide our services to Australian clients. This marks a significant milestone for FPG Capital as we further expand into the financial services sector. Our goal is to deliver excellent executions and services to traders, and we look forward to the future ahead.”
