Exclusive: GKFX CEO Rod Martenstyn Leaves to Start Consulting Firm
- "My decision to leave was due to seeing poor compliance decisions being made amongst GKFX’s peers"
Rod Martenstyn has left brokerage GKFX Financial Services and is now the founder and CEO of OSS Consult Ltd.
Rod Martenstyn
OSS Consult Ltd was incorporated in June 2018 and offers a variety of ancillary services to the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term industry, including Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and compliance, accounting, marketing strategies, tax advice, software development, HR, IT infrastructure, pension compliance, accounting and financial modelling/analysis."
GKFX Financial Services is a subsidiary of GK Group and is regulated by the FCA the UK. It provides CFD trading, spread betting, and foreign exchange. Martenstyn began working there in July 2017 and within ten months had gone from chief financial officer to compliance director to CEO. He took on this last role when the previous CEO, Brian Myers, resigned.
We last reported on GKFX when its Global Head of Business Development, Mitesh Vaghela, left to become the Director of Product at Equiti Group.
"Poor compliance decisions being made amongst GKFX's peers"
Commenting on the reasons for his departure, Martenstyn said: "I wish them [GKFX] the best of luck for the future. My decision to leave was due to seeing poor compliance decisions being made amongst GKFX's peers, and in a time where the regulators are looking at potentially culling the market across Europe, I'd like to be providing investment firms with my knowledge of what is expected from the regulators."
Prior to working at GKFX, Martenstyn was CFO and head of compliance for FINSA Europe, which is a spread betting and CFD trading operator. He worked there for three years. Other roles which he has held include treasury and regulator manager at the Charity Bank, financial business analyst at Tullett Prebon, and compliance officer at OCM Capital Markets.
He has worked in the finanical industry since 1995, when he joined British Airways Pensions as a trainee.
Martenstyn is a qualified accountant and has a BA in applied economics from the University of Hertfordshire.
Rod Martenstyn has left brokerage GKFX Financial Services and is now the founder and CEO of OSS Consult Ltd.
Rod Martenstyn
OSS Consult Ltd was incorporated in June 2018 and offers a variety of ancillary services to the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term industry, including Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and compliance, accounting, marketing strategies, tax advice, software development, HR, IT infrastructure, pension compliance, accounting and financial modelling/analysis."
GKFX Financial Services is a subsidiary of GK Group and is regulated by the FCA the UK. It provides CFD trading, spread betting, and foreign exchange. Martenstyn began working there in July 2017 and within ten months had gone from chief financial officer to compliance director to CEO. He took on this last role when the previous CEO, Brian Myers, resigned.
We last reported on GKFX when its Global Head of Business Development, Mitesh Vaghela, left to become the Director of Product at Equiti Group.
"Poor compliance decisions being made amongst GKFX's peers"
Commenting on the reasons for his departure, Martenstyn said: "I wish them [GKFX] the best of luck for the future. My decision to leave was due to seeing poor compliance decisions being made amongst GKFX's peers, and in a time where the regulators are looking at potentially culling the market across Europe, I'd like to be providing investment firms with my knowledge of what is expected from the regulators."
Prior to working at GKFX, Martenstyn was CFO and head of compliance for FINSA Europe, which is a spread betting and CFD trading operator. He worked there for three years. Other roles which he has held include treasury and regulator manager at the Charity Bank, financial business analyst at Tullett Prebon, and compliance officer at OCM Capital Markets.
He has worked in the finanical industry since 1995, when he joined British Airways Pensions as a trainee.
Martenstyn is a qualified accountant and has a BA in applied economics from the University of Hertfordshire.