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Exclusive: CXM Group Buys 50K CFD Traders-Heavy TD Markets

By Arnab Shome

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Source excerpt · Finance Magnates

CXM Group, the multi-asset trading group founded in 2015, has agreed to acquire Johannesburg-headquartered TD Markets, Finance Magnates has learned exclusively. The financial details of the deal, however, were not disclosed. Despite the acquisition, TD Markets will keep its brand, leadership team and FSCA licence. South African clients will remain with its local unit, so their accounts, funds and…