CFH Group takes industry consolidation seriously, prepares to go on M&A drive

Liquidity provider and prime brokerage CFH Group is preparing to strengthen its position this year, taking into consideration the consolidation within the FX industry that has taken place over recent times. In 2015, the interest shown by FX firms across the retail and institutional sector in becoming publicly listed companies dwindled, giving way to mergers […]

Liquidity provider and prime brokerage CFH Group is preparing to strengthen its position this year, taking into consideration the consolidation within the FX industry that has taken place over recent times.

In 2015, the interest shown by FX firms across the retail and institutional sector in becoming publicly listed companies dwindled, giving way to mergers and acquisitions which were far higher on the agenda within boardrooms across many prominent firms.

CFH+Group+Christian
Christian Frahm, CEO & Founder, CFH Group

In keeping with FinanceFeeds’ report at the turn of the new year, the mergers and acquisitions direction is still very much being actively pursued. As 2015 gave way to 2016, FinanceFeeds predicted that this year will be the year of fintech development and collaborative operation among the firms at the top level of our industry, which instead of going public, will hold their own by developing new technology solutions which will empower developers and traders alike in order to expand their business via global, collective R&D and open source interfaces.

Rumors had begun circulating this week with regard to what had been misconstrued as a potential sale by CFH Group of part of its operations. FinanceFeeds can categorically state that this is absolutely not true, and indeed CFH Group is looking to strengthen its position further by engaging in acquisitions.

Today, FinanceFeeds spoke to Christian Frahm, CEO and founder of CFH Group, who explained

“We came out after the Swiss National Bank’s removal of the 1.20 peg on the EURCHF pair, and said at the time that this sector will consolidate. We brought onboard Dipak Rastogi who is one of the top people in the world on the mergers and acquisitions side, and have worked ever since to put in place an industry consolidation play.

“This is what we are now executing, the acquisition of smaller players to put them under our umbrella” – Christian Frahm, Founder & CEO, CFH Group.

Singapore-based Mr. Rastogi is CEO of Citi Venture Capital International, and has over 33 years of experience with the company, having joined Citibank Canada in 1982 from Zurich Financial Services.

Mr. Rastogi concentrated for several years on derivatives and global markets, working internationally within Citigroup Inc (NYSE:C) for several years, before turning his attention to venture capital within Citi in January 2001 where he became CEO of the firm’s international venture capital division.

Bearing these credentials in mind, it is likely that CFH Group is well positioned to forge ahead with growing its operations via acquisitions.

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