In a significant move that marks a new era in the trading industry, FTMO, a modern trading company, has announced the acquisition of Quantlane, a traditional proprietary trading firm. This strategic acquisition aims to blend the strengths of both companies, creating a powerhouse in the trading world.
Quantlane: A Traditional Proprietary Trading Firm
Quantlane, as described by its CEO, Thomas, is a traditional proprietary trading company. This means they exclusively trade the company’s capital, operating independently without external clients or capital. Their focus is on equities, indices, and other financial market products. The core mission of Quantlane is to foster an optimal ecosystem for traders, providing them with robust support and tools to maximize their success.
The Rationale Behind the Acquisition
The acquisition of Quantlane by FTMO is driven by a desire to integrate professional trading applications and expertise that FTMO currently lacks. This move is seen as a final step in elevating FTMO traders to a professional level, potentially even relocating them to Prague to trade with a professional team. The synergy between FTMO‘s modern approach and Quantlane’s traditional methods promises to create a comprehensive trading environment.
The Perfect Partnership: Shared Passion for Trading
Thomas highlights the shared passion for trading as a key factor in choosing FTMO as the right investor. The alignment in motivation and approach to trading between the leaders of both companies lays the foundation for a successful partnership. This collaboration is expected to propel Quantlane to new heights, leveraging opportunities within the FTMO Group.
Future Plans: Elevating Trading Standards
FTMO‘s immediate plan is to provide a pathway for its traders to transition to a professional firm like Quantlane. This partnership will also enable FTMO to enhance its risk management and data analysis capabilities, drawing from Quantlane’s extensive experience.
The Life of a Quantlane Trader
At Quantlane, traders manage their own trading books within a risk framework. Success is rewarded with a performance bonus, but only after covering the company’s costs. This structure emphasizes stability and performance.
The Distinctive Paths of FTMO and Quantlane Traders
The journey to becoming a trader at Quantlane is highly competitive, with hundreds vying for a position. In contrast, FTMO offers opportunities to a broader range of traders, including those who view trading as a hobby. FTMO‘s challenge is designed to identify and nurture talent, offering the best traders a chance to join Quantlane.
Requirements for Success at Quantlane
To succeed at Quantlane, traders need a strong commitment, analytical skills, and the ability to make optimal decisions under pressure. Continuous self-improvement and hard work are essential.
A Milestone for FTMO and a New Chapter for Quantlane
The acquisition is seen as a significant milestone for FTMO, bridging the modern and traditional trading worlds. For Quantlane, this partnership opens doors to global talent, enhancing their mission to provide an exceptional trading ecosystem.
Conclusion: A Promising Future for the Trading Community
This partnership between FTMO and Quantlane is set to bring substantial benefits to the trading community. It represents a fusion of modern and traditional trading philosophies, promising exciting opportunities and advancements in the industry. Stay tuned for more updates on this groundbreaking collaboration.
About FTMO
FTMO is a modern trading firm that provides traders with funded accounts to trade on financial markets. The company was founded in 2014 and is headquartered in the Czech Republic. FTMO offers a variety of funding programs, each with its own requirements and benefits. Traders who are accepted into a program will receive a funded account to trade with, and they will be able to keep a portion of the profits they generate. FTMO also offers a variety of educational resources to help traders improve their skills.
FTMO is a popular choice for traders who are looking to start trading with a funded account. The company has a good reputation and offers a variety of funding programs to choose from.
For more information, you can visit their website or read our review.
