"The acquisition of TraderMade is the first of several steps in our growth plans, and a welcome addition to our business," says David Upton, Managing Director DBFS. "This acquisition will allow DBFS to extend our product offering and broaden our client base significantly. The combined companies will continue to develop, manage and support their current product and services offerings, and will create exciting opportunities for both our customers and employees."

Jean-Marie Stassin, the founding shareholder and outgoing Chairman of TraderMade adds: "We are pleased and supportive of this change in ownership of the company, and can see many opportunities provided by the complementary skills and expertise brought in by DBFS."

Brian McNulty, who will be assuming the role of Business Development Manager said: "We assure our TraderMade clients that this change in ownership will have no effect on existing services. In fact, leveraging DBFS's extensive experience in developing and operating automated FX trading systems, along with custom software development, systems integration and project delivery skills means that TraderMade will be able to offer a much more rounded service to clients who wish for customisations or modifications to our standard products."

TraderMade and DBFS have a combined client base of more than 150 clients world-wide. TraderMade has several new products ready for launch aimed particularly at traders in the international and emerging markets.