XTB adds Marcus Ford as Director with AML and Compliance Oversight
- The new director role includes compliance oversight and AML reporting for the firm's FCA-regulated entity XTB Limited.
According to company house filings dated today, the FCA-regulated brokerage XTB limited has elevated Marcus Ford to director, reflecting the March 11th registrations with the FCA that include his new CF1 Director role as well as CF10 and CF11 distinctions for Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term oversight and AML reporting respectively.
Having studied at Ashton University in Birmingham, Mr. Ford's background in related compliance positions includes being previously with Plus500 for just over a year, after nearly two years with OANDA in similar compliance roles, and after four years with a pre-paid services provider, as per a LinkedIn profile attributed to him.
Also listed was that Mr. Ford has been with XTB since last July, and thus the new roles can be seen as a promotion or elevation with additional responsibilities as part of the new directorship. According to FCA register background information, Mr. Ford held similar positions with OANDA Europe, including the CF29 which is a director distinction for significant management.
XTB also announced earlier today via a website update that as of April 4th one of its Italian language urls would redirect instead to its Polish partner X-Trade Brokers DM S.A.
The news follows after the company appointed Joshua Raymond as director to XTB's FCA regulated entity, and the more recently announced synergy with the US-based technology provider match-trade as Finance Magnates covered earlier this month for the firm's X Open Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term (XOH) offering.
According to company house filings dated today, the FCA-regulated brokerage XTB limited has elevated Marcus Ford to director, reflecting the March 11th registrations with the FCA that include his new CF1 Director role as well as CF10 and CF11 distinctions for Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term oversight and AML reporting respectively.
Having studied at Ashton University in Birmingham, Mr. Ford's background in related compliance positions includes being previously with Plus500 for just over a year, after nearly two years with OANDA in similar compliance roles, and after four years with a pre-paid services provider, as per a LinkedIn profile attributed to him.
Also listed was that Mr. Ford has been with XTB since last July, and thus the new roles can be seen as a promotion or elevation with additional responsibilities as part of the new directorship. According to FCA register background information, Mr. Ford held similar positions with OANDA Europe, including the CF29 which is a director distinction for significant management.
XTB also announced earlier today via a website update that as of April 4th one of its Italian language urls would redirect instead to its Polish partner X-Trade Brokers DM S.A.
The news follows after the company appointed Joshua Raymond as director to XTB's FCA regulated entity, and the more recently announced synergy with the US-based technology provider match-trade as Finance Magnates covered earlier this month for the firm's X Open Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term (XOH) offering.