FTMO founders Otakar Šuffner and Marek Vašíček have taken onco‑CEOroles at OANDA following discussions with Gavin Bambury, who will step downfrom the position. FTMO described Bambury’s leadership as “outstanding”and said the foundations he helped build “played a key role in OANDA’s successes and made the company an attractiveacquisition target for FTMO.”SingaporeSummit: Meet the largest APAC brokers you know (and those you still don't!).The leadership change follows FTMO’sacquisition of OANDA. The companies said the deal and leadershiparrangements were part of discussions about their future direction.OANDA, FTMO Continue Independent OrganizationalStructuresFTMO and OANDA will continue to operate as separateentities. Both firms stated that all other operations and teams in each country“remain otherwise unchanged.” The leadership change does not alter the broaderoperational structure of either company.OANDA, founded in 1996, is an online forex and CFD brokerwith operations in multiple countries. FTMO, established in 2015, is knownprimarily for its proprietary trading programs and global trading community.OANDA Prop Trader Moves to FTMOOANDA’s proprietary trading business, OANDAProp Trader, will transition into the FTMO Group. The migration began onMarch 2, 2026, and clients moving to FTMO’s platform will gain access to itstrading infrastructure. Those who choose not to migrate will receive full refundswhere applicable, and selected clients will receive additional incentives. Thetransition allows OANDA to focus on its core brokerage operations whileproviding Prop Trader clients with a dedicated trading environment.OANDA offers multi-asset trading for retail and corporateclients and operates in major financial centers including New York, London, andTokyo. Under CVC ownership since 2018, the company expanded its productofferings and trading infrastructure. FTMO is primarily known for itsproprietary trading programs and global trading community.FTMO recently expandedinto the Indian market, where interest in prop trading has been increasing.Several prop trading firms, including FundingPips, The5ers, FundedNext, andMaven, report that India accounts for a substantial portion of their webtraffic, representing roughly 40 per cent of organic traffic among the top 50prop firms. Interest in prop trading has grown since 2023, particularly amongindividuals aged 18 to 30.This article was written by Tareq Sikder at www.financemagnates.com.