Revenues at GKFX UK were as high as £94 million in 2016 and £60 million in 2017.
David Papier began his career at CMC Markets before joining ETX Capital in 2014, where he was Head of Online and Institutional Services.
Adam Dougall was European Financial Controller at FXCM for seven years from 2010-2017.
Revenues at GKFX UK are generated predominantly through a volume rebate with a counterparty that is related to the company.
During the first half of the year GKFX’s retail trade was transferred to AKFX Financial Services Ltd, based and regulated in Malta.