LeapRate Exclusive... LeapRate has learned that former GKFX CEO Brian Myers has re-joined the Retail FX sector, hired as CEO of the fairly new Retail FX and CFDs brand Equiti.com, for the UK and the EU. He will also formally act as the CEO and a director of the company's FCA regulated arm, Divisa UK…
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LeapRate Exclusive... LeapRate has learned that London based Retail FX group GKFX has gone outside the company to hire a new CEO, to replace its recently departed chief executive Brian Myers. Joining GKFX as its new CEO is Rob Woolfe, formerly a co-founder and CEO of UK/Cyprus spreadbetting firm Capital Index. We expect the company…
Read moreLeapRate Exclusive... LeapRate has learned that FCA licensed Spreadbetting, FX and CFDs broker GKFX Financial Services Limited has seen a halt to its growth spurt of the past few years, with 2017 Revenues declining by 14% to £60.9 million (USD $81.8 million). However a best set of cost controls helped the company turn around its small…
Read moreAbu-Dhabi based financial services firm ADS Securities has announced the appointment of Nael Saleh as its new Head of Retail Sales in the Middle East and North Africa region, for its FX and CFD brokerage business. Mr. Saleh will report into ADS Securities’ global Head of Retail Sales, Jason Hughes, who commented: We are delighted to…
Read moreLeapRate 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…
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AutoRek, the software solutions provider for financial controls, data management and regulatory reporting, just announced that spreadbetting, FX and CFDs broker GKFX has selected AutoRek to deliver CASS automation. GKFX recognise the requirement to embed a stringent CASS governance and oversight framework given the FCA’s focus to enhance the level of protection afforded to clients. AutoRek…
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Who is behind a new P2P binary options platform is seeking to raise money in an ICO? Why is XTB liquidating its subsidiary in Turkey? Why did Germany's BaFIN decide it necessary to 'sharpen' the negative client balance rules for CFD brokers? Answers to these questions and more appeared exclusively or first at LeapRate this…
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After our exclusive report last week that senior market analyst James Hughes had left GKFX for the UK operation of AxiTrader, GKFX hasn't taken much time in naming a replacement for Mr. Hughes in the person of David Morrison. GKFX announced this morning that David Morrison is leaving spread betting firm Spread Co to join GKFX’s…
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LeapRate Exclusive... LeapRate has learned that popular FX market analyst James Hughes has joined the London office of Australia based Retail FX broker AxiTrader. He will be serving as Chief Market Analyst for the UK and Europe for Axi. AxiTrader also has Sydney based analyst Greg McKenna in its home office. James Hughes was with GKFX…
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Spreadbetting, FX and CFDs broker GKFX has announced that it has now joined the growing number of FCA regulated brokers offering their clients the opportunity to trade Bitcoin on MT4. Traders with GKFX will now have the chance to diversify their portfolios and trade BTCUSD and BTCEUR across all account types. Trading Bitcoin on the MT4…
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