CXM says its acquisition of TD Markets became effective on 1 October 2026. Its 16 October announcement is more definitive than TD Markets’ client FAQ, which describes an agreement to acquire the firm and uses prospective completion wording. The difference remains visible in the inspected official material.[1][2]
What each official source establishes
| Question | Published position | Source |
|---|---|---|
| Closing status | CXM describes the acquisition as effective from 1 October | CXM releaseSource 1Source 2 |
| FAQ wording | Agreement and prospective completion language remain | TD MarketsSource 1Source 2 |
| South African account entity | TD Markets (Pty) Ltd remains the contracting entity, according to the FAQ | TD MarketsSource 1Source 2 |
| Regulatory claim | The company identifies its FSCA FSP number as 49128 | Company-published informationSource 1Source 2 |
| Account continuity | Existing logins, positions, pending orders, EAs and copy connections continue, per FAQ | TD MarketsSource 1Source 2 |
| Payments | Existing banking arrangements remain, per FAQ | TD MarketsSource 1Source 2 |
The companies describe continued local management and operations. TD Markets also says current promotions retain their terms and end dates, and existing introducing-broker commissions and referrals continue. Those are continuity statements, not a commitment that commercial terms can never change.[2]
Separate ownership, account continuity and product rollout
The FAQ describes TradingView and round-the-clock gold trading as planned additions. The announcement should not be used to mark those features as already available to every TD Markets account. Similarly, the South African entity’s licence does not establish permissions for every international group company.[2]
For clients, the immediate information is the company’s statement that existing accounts and payment arrangements continue. An acquisition announcement alone is no reason to use an unsolicited new payment destination. For reporting purposes, a consistent closing notice or a definitive transaction document would resolve the difference between the two official descriptions. The FAQ and CXM release currently use different completion wording.
Sources & further reading
- CXM to Expand into South Africa with TD Markets Acquisition CXM Group · 16 Oct 2026 · Accessed 27 Oct 2026
- CXM acquisition FAQs TD Markets · 16 Oct 2026 · Accessed 27 Oct 2026