Exclusive: Trivepro sees 9x increase in 2022 Revenues to £10.8M
Revenues at Trivepro came in at £10.8 million (USD $13.1 million) in 2022, up by more than 9x from just £1.2 million in 2021.
Revenues at Trivepro came in at £10.8 million (USD $13.1 million) in 2022, up by more than 9x from just £1.2 million in 2021.
Simon Bird was the longtime COO of City Index, and now serves as Non Executive Chairman at OvalX (formerly ETX Capital).
Global Kapital Group transferred ownership of its retail (GKFX) and institutional (GKPro) brokerage arms to Amsterdam based Trive in 2022.
This marks the second restructuring at GKG / GKFX / GKPro in the last few years.
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.