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Screenshot of a breaking news alert e-mail from Q2 2017
LeapRate Exclusive… LeapRate has learned that Brian Myers (pictured above) has resigned his position as CEO of FCA regulated Retail FX broker GKFX Financial Services Limited.
In the interim, GKFX CFO Rod Martenstyn will assume the position of Chief Executive Officer, pending regulatory approval, with immediate effect.
Brian Myers joined GKFX as CEO in late 2016 after leaving his position as VP Sales of OANDA Europe. The move to GKFX came after the previous CEO Jacob Plattner resigned, and the company attempted to bring on board ETX Capital’s Joe Rundle, which didn’t pan out. (Mr. Rundle was recently named CEO at Playtech’s Markets.com, while Mr. Plattner went on to head offshore (Belize) based FX broker Scope Markets.
Rod Martenstyn, now interim CEO at GKFX, joined the company last summer as CFO from spreadbetting broker Core Spreads. Nick Beecroft, now GKFX Chairman (see his comments on the matter below), also joined GKFX’s board last summer after serving on the FxPro UK board.
GKFX shareholders, led by controlling shareholder Kasim Garipoglu, have put in more than $20 million of additional capital into the company over the past year to fund expansion. The company grew Revenues 32% to £69 million in its most recently reported fiscal year, 2016.
Nick Beecroft, Chairman of GKFX, said to LeapRate:
We wish Brian well in his next role and thank him for his great work at GKFX FS.
Brian Myers said:
Whilst I look forward to my next role immensely, I’d like to thank GKFX’s global workforce and wish them well for the future.