LeapRate Unique… LeapRate has discovered that institutional FX dealer World Market Index (or ‘GMI’) has employed former Exness government John Taylor as COO of its FCA regulated UK operation, World Market Index Restricted.
John Taylor served as CFO of Exness for the previous three years, and helped spearhead the launch of Exness’ UK operation and FCA licensing, which was upgraded final yr. His prior expertise consists of performing as COO and Head of Operations & Center Workplace EMEA at Deutsche Financial institution.
In his new position, John Taylor will report back to Ashraf Ebid. GMI and is run by Mr. Ebid (Group CEO) and was co-founded by Jeff Chao, who’s the agency’s Group COO. GMI began its brokerage providers in 2009 with a heavy concentrate on the Asia Pacific market. In 2010, GMI was an early pioneer to introduce ECN and STP applied sciences into the Asia Pacific area. In 2015, GMIUK acquired its authorization as an STP-ECN solely dealer from the FCA within the UK.
Ashraf Ebid mentioned to LeapRate:
We’re very lucky to have John be part of us at GMI UK. He brings a wealth of expertise and data, and has already helped us transfer ahead with our progress plans within the quick time he has been with us. John has a helpful mixture of expertise, not solely from inside our sector but additionally from the extra mature and controlled atmosphere of Funding Banking. We consider that such expertise and expertise can be more and more vital to shoppers, brokers and the trade usually as time strikes on and that this know-how was simply what we have been searching for to match our personal values and in an effort to proceed to construct a strong enterprise that’s right here to remain.
John brings a ton of helpful expertise and operational and monetary self-discipline to GMI UK and to GMI World Group of Firms. With our latest success in launching our personal GMI proprietary in-house developed software program similar to one of the vital superior and secure MT4 bridges and MAM options in the marketplace right this moment in addition to an unbelievable suite of MT4 instruments and in depth dealer stories, it was time to take the subsequent step in our formidable and aggressive progress plans beginning with hiring John as our achieved and confirmed COO to help the corporate to subsequent stage.
John Taylor added about becoming a member of GMI:
Ashraf and Jeff Chao have constructed a genuinely spectacular firm and so they have an incredible workforce behind them. I’m an enormous purchaser of the GMI product providing. As a seasoned B2B / STP solely dealer that has fine-tuned it’s product over the previous 9 years internationally, I strongly consider that we’re completely positioned to thrive within the present quick altering atmosphere and to assist our institutional/dealer shoppers do likewise.
One thing that I discovered notably engaging and that we’re all happy with is the truth that the broader GMI Group have a uncommon mixture of not solely market main liquidity options and white label providing, but additionally an growing bench of software program options. Whether or not that be the availability of a powerful bridge answer or environment friendly MT4 reporting answer, it has been tailor-made based mostly on the problems we confronted over time as brokers ourselves. We will now cross these on to others and assist the small to medium sized brokers resolve critical issues and free them as much as develop their very own enterprise in a secure manner with out going by means of among the ache in time, efforts and critical prices that we encountered. It’s a powerful mixture to discover a entire host of know-how and liquidity answer in a single home. I’m very excited for the chance to work with Ashraf, Jeff and the worldwide GMI workforce and really a lot wanting ahead to taking part in a component in constructing out the subsequent part of GMI progress right here within the UK.