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Quantum FinTech Acquisition Corporation (QFTA) to Combine with TradeStation

Quantum FinTech Acquisition Corporation (QFTA) to Combine with TradeStation

Quantum FinTech (NYSE:QFTA) entered into an agreement to combine with fintech firm TradeStation for an enterprise value of $1.34 billion, or 6.5x its 2021E revenue. TradeStation, which is a subsidiary of Japanese financial services fim Monex Group (TYO:8698), provides a stock-trading and investment platform allowing retail investors to access options, crypto and futures products. The
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