DZP supports consolidation on the Polish forex market

DZP advised upon the acquisition of an organized part of an enterprise, i.e. the Forex business line and client portfolio, by Dom Maklerski TMS Brokers from Noble Securities S.A.

DZP’s team of lawyers supported Noble Securities throughout the transactional process. This was a challenge primarily as we aimed to ensure that brokerage house’s clients are able to move efficiently from one provider to another (formally and in terms of IT solutions).

TMS Brokers is the first forex brokerage house on the Polish market. The TMS brand was created twenty years ago to support clients investing on global financial markets, providing them access to a wide range of instruments from all over the world.

Noble Securities has been operating on the Polish capital market since 1994, originally doing business as Dom Maklerski IKB-Polonia. It joined Getin Holding Group in 2008, and changed its name to  Noble Securities in 2009. Currently Noble Securities is part of Getin Noble Bank Group.

Z ramienia DZP w transakcji doradzali prawnicy z Praktyki Rynków Kapitałowych i Instytucji Finansowych: Andrzej Foltyn, Partner / Szef Praktyki, Maciej Zajda, Senior Associate oraz dr Maciej Goszczyk, Counsel, przy wsparciu Grzegorza Sprawki, Senior Tax Manager z Praktyki Podatkowej.

The client was advised by DZP lawyers from the Capital Markets & Financial Institutions Practice: Andrzej Foltyn, Partner/Head of Practice, Maciej Goszczyk, Counsel, Maciej Zajda, Senior Associate and Grzegorz Sprawka from Tax Practice.