Regulatory filings published by Companies House on Wednesday indicate that David Ledsham has stepped down from his role at retail broker GKFX.
Finance Magnates spoke to a GKFX representative on Wednesday morning who confirmed Ledsham’s departure from the firm.
Ledsham joined the broker at the start of last year as a non-executive director according to the website of GKFX’s parent company, Global Kapital Group. He was also a member of the audit and risk and remuneration committees.
The outgoing non-executive director will be familiar to many in the retail and institutional trading world.
He retired from full-time work in 2015 but had spent the prior seven years working in Saxo Bank’s UK base of operations.
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From 2012 to 2015, he was Saxo Capital Markets UK’s chief operating officer. Before he took up that role, he was finance director at Saxo UK for almost four years.
GKFX via EBS and PWC
Ledsham cut his teeth in the foreign exchange world back in the early 1990s.
Working as a consultant for PricewaterhouseCoopers (PWC), he helped establish Electronic Broking Services (EBS) – a company that remains the major interbank foreign exchange brokerage.
Having helped the firm get started, Ledsham left PWC to join EBS in 1994. He went on to spend six years at the company as chief financial officer.
After leaving EBS, the former GKFX man had a couple of brief stints at an investment research firm and with FX dealing systems provider Cognotec before joining Saxo Bank UK in 2008.