As was exclusively reported by LeapRate over the summer months, some of the recent changes at fast-growing FCA regulated FX broker GKFX have included the hiring of Rod Martenstyn from Core Spreads as CFO, and the appointment of former Saxo Bank UK Chairman and FxPro board member Nick Beecroft as an independent board member and Chairman.…
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It was quite the week in Forex Industry News at LeapRate. Forex broker results, new shareholder in a major FX broker, and a serious order latency issue at Deutsche Boerse unit Eurex unveiled only at LeapRate. Which Retail FX broker saw most of its independent directors resign, while posting a loss? Which FCA regulated FX…
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LeapRate Exclusive... LeapRate has learned that FCA licensed Spreadbetting, FX and CFDs broker GKFX Financial Services Limited has seen a fairly impressive growth spurt, and - having raised an additional $15 million earlier this year - seems poised for more. GKFX reported that Revenues for the 16 month period September 2015 through December 2016 came…
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LeapRate Exclusive... LeapRate has learned that FX industry executive Nick Beecroft has stepped down from his position as a director on the board of FxPro UK Limited, the FCA regulated arm of global Retail FX broker FxPro, and joined the board of GKFX. Mr. Beecroft had joined FxPro UK's board about a year ago, as…
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LeapRate Exclusive... LeapRate has learned that FCA regulated retail FX and CFDs broker GKFX has added Rod Martenstyn as its new CFO. Rod Martenstyn joins GKFX from Finsa Europe Ltd, the parent company of spread betting and CFD trading brokerage Core Spreads, where he held a similar role. Mr. Martenstyn has also resigned from the board of…
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The move into summer months did not seem to slow down the stream of Forex Industry News this past week, with all the top stories once again appearing exclusively (or first, before being copied elsewhere) at LeapRate. We exclusively reported on Turkey's ban on accounts and trading with foreign Forex brokers, on GKFX's second major…
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LeapRate Exclusive... LeapRate has learned from sources close to the company that FCA regulated forex and CFDs broker GKFX has raised an additional £12 million (USD $15.5 million), to help fund the company's continued growth push in both the Retail and Institutional FX sectors. The current fundraising, injected into the company by controlling shareholder Kasim Garipoglu…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail Forex and CFDs broker GKFX has made another addition to its senior management group, hiring George Sassoon as Head of Sales UK. George Sassoon joins GKFX after serving for two as Director of Sales - Europe in the London office of Singapore based broker PhillipCapital, helping PhillipCapital launch…
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LeapRate Exclusive... Australian retail forex broker AxiTrader has taken an interesting step in becoming more of a global broker, while beefing up its FCA-regulated UK operation. LeapRate has learned that AxiTrader has hired industry veteran Paul Kiff to its London team as the new Global Head of Trading. That function will operate our of London, instead of…
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TradAir, the global provider of trading technology solutions for banks, brokers, prime of primes and regulated marketplaces, announced that FCA regulated broker GKFX, are now live with TradAir’s new high-performance Margin/Credit FX-CFD Trading Platform. Margin/Credit FX-CFD Trading Platform is developed in response to demand from institutional brokers, for a margin and credit solution in one…
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