LeapRate Unique… LeapRate has realized that institutional FX dealer World Market Index (or ‘GMI’) has employed former Exness govt John Taylor as COO of its FCA regulated UK operation, World Market Index Restricted.

John Taylor GMI
John Taylor, GMI

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. Previous to becoming a member of Exness in 2015 Mr. Taylor was CFO of the Renaissance Securities division of Moscow based mostly funding financial institution Renaissance Capital from 2009-2013. He was additionally COO and Head of Operations & Center Workplace EMEA at Deutsche Financial institution.

In his new function, 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 companies in 2009 with a heavy give attention to 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 brief time he has been with us. John has a useful mixture of expertise, not solely from inside our sector but in addition from the extra mature and controlled setting of Funding Banking. We consider that such expertise and abilities will likely be more and more essential to purchasers, brokers and the business normally as time strikes on and that this know-how was simply what we have been searching for to match our personal values and with a purpose to proceed to construct a strong enterprise that’s right here to remain.

John brings a ton of useful expertise and operational and monetary self-discipline to GMI UK and to GMI World Group of Corporations. With our current success in launching our personal GMI proprietary in-house developed software program corresponding to one of the crucial superior and steady MT4 bridges and MAM options available on the market right now in addition to an unimaginable suite of MT4 instruments and intensive dealer stories, it was time to take the subsequent step in our bold 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 amazing group 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 setting and to assist our institutional/dealer purchasers do likewise.

One thing that I discovered significantly engaging and that we’re all pleased 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 in addition an rising bench of software program options. Whether or not that be the availability of a formidable bridge resolution or environment friendly MT4 reporting resolution, 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 clear up critical issues and free them as much as develop their very own enterprise in a steady manner with out going via among the ache in time, efforts and critical prices that we encountered. It’s a formidable mixture to discover a complete host of know-how and liquidity resolution in a single home. I’m very excited for the chance to work with Ashraf, Jeff and the worldwide GMI group and really a lot wanting ahead to enjoying a component in constructing out the subsequent part of GMI progress right here within the UK.