Rod Martenstyn has left brokerage GKFX Financial Services and is now the founder and CEO of OSS Consult Ltd.
OSS Consult Ltd was incorporated in June 2018 and offers a variety of ancillary services to the foreign exchange industry, including regulation 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.
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“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.