Oanda World Company, the web retail buying and selling platform, has been put up on the market by its personal fairness backers.
Sky Information has learnt that the corporate, which is a rival to the likes of CMC Markets and IG Group, is being marketed by bankers at Nomura and Santander.
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Oanda has been owned by CVC Capital Companions, the Amsterdam-listed buyout agency, since 2018.
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Its valuation in a possible sale was unclear this weekend.
The corporate provides buying and selling in international change, equities, commodities, and cryptocurrencies.
Headquartered in Asia, it has a presence within the UK, US, and Japan, and serves prospects in additional than 120 nations.
With greater than 100,000 energetic merchants, it’s anticipated document revenues this 12 months of about $175m (£138m).
Oanda was based in 1995 and has change into a distinguished participant within the sector, which has boomed in recent times.
Different monetary traders are anticipated to think about provides for the corporate.
CVC declined to remark.