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Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More
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LeapRate's Forex Industry News
  • TradeStation acquires IBFX - what multiples were paid?? 0 comments
    Nov 16, 2011 11:10 AM | about stocks: TRAD, FXCM, GCAP, SWQGF, OXPS, ETFC, MNXBF, AMTD, SCHW, IBKR

    Price tag of $17 million means a large loss for investor Spectrum Equity.

    Multi-asset online trading platform company TradeStation - which itself was just recently acquired for $411 million by Japan's Monex Group - has expanded its FX presence in the US with the acquisition of IBFX for $17 million. IBFX is the fourth-largest US-based retail Forex firm, following FXCM, Oanda and Gain Capital (

    For more details on the transaction, including analysis of multiples paid vs. recent industry comps, see LeapRate's Forex Industry News at


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