GKFX Appoints CEO Robert Woolfe as a Director

GKFX Financial Services Limited, known more commonly as simply GKFX, announced this Tuesday via a regulatory filing with the United Kingdom’s Companies House that it has appointed its Chief Executive Officer (CEO) Robert Woolfe as a director.

GKFX is a UK-based online 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 (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term), contracts for difference (CFD) and spread betting broker. According to the filing, the appointment of Woolfe as a director is effective as of today.

Finance Magnates reached out to GKFX for more information on the appointment, but at time of publishing, we have not yet received a response.

Robert Woolfe joins GKFX as CEO

As Finance Magnates reported in June of last year, Woolfe joined GKFX as the company’s CEO, replacing Brian Myers, who had resigned from the firm two months beforehand.

Myers was the CEO of GKFX for only a year and a half. After he resigned from the broker, one month later, he appeared at Divisa UK Limited which has since rebranded to Equiti Capital UK.

Woolfe took up the role of CEO after having spent more than a decade in the industry. He joined GKFX from Capital Index which he founded. The retail broker was launched in early 2014 and received regulatory approval from the Cyprus Securities and Exchange Commission in the same year and from the British Financial Conduct Authority in 2015.

Woolfe started off his career working in sales with IG Index, now a part of the IG Group. According to his LinkedIn profile, he worked with the brokerage from September 2005 until October 2008.

From here, he moved on to ETX Capital, where he was the Head of FX. Ishaq Siddiqi, a former Market Strategist with ETX, told Finance Magnates in 2013 that Woolfe was “was instrumental in setting up the FX desk” for ETX.

Woolfe was a part of the ETX Capital team for more than five years. Initially joining in November of 2008 and leaving in December 2013 to set up Capital Index.