Exclusive: CFDs broker GMI relinquishes FCA license, CEO Zaid Alkhatib departs
The moves come as GMI is shutting down its entire retail brokerage operation worldwide.
The moves come as GMI is shutting down its entire retail brokerage operation worldwide.
In 2023 GMI UK operated at roughly breakeven, posting a modest £24K profit, versus £386K in 2022.
Ashraf Ebid, GMI UK’s longtime CEO and controlling shareholder, will be stepping aside from day-to-day management of the company.
Zaid Alkhatib’s continued success in running and improving the operations of GMI UK has led to his promotion.
Mr. Hossain-Nelson will continue to lead Client Relations and Mr. Alkhatib will lead Operations and Compliance.
FNG Exclusive… FNG has learned that FCA regulated FX and CFDs broker Global Market Index Limited (GMI UK) has hired Zaid […]