Capital Index Hires FX Compliance Veteran Marcus Ford

Multi-regulated brokerage firm Capital Index has selected Marcus Ford to take on the role of its Chief Compliance Officer, Finance Magnates has learned.

Having studied at Ashton University in Birmingham, Mr. Ford’s background in related compliance positions includes most recently working as Head of Compliance & MLRO at prime brokerage firm GPP Group. He spent only nine months in this post with the FCA-regulated firm that also offers wealth management, clearing, and custody solutions.

Prior to that, he held a similar position with XTB limited for nearly three years, having joined the firm in 2015. According to FCA register background information, Ford holds many relevant registrations including a CF1 Director role as well as CF10 and CF11 distinctions for compliance oversight and AML reporting respectively.

In addition, Ford previously served 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, his LinkedIn profile shows.

Capital Index continues to bring in senior staff

Ford joins Capital Index with over 16 years’ experience in the financial industry, part of a lengthy career dating back to 2003. The company has been expanding its team with top industry talents who have previously held similar roles with leading brokers. The addition comes at a time when the company has been looking to continue its international expansion.

Ina different vein, Capital Index founder Rob Woolfe parted ways with the company earlier last year and joined GKFX Financial Services as the company’s CEO.

Capital Index was founded in 2014 by Robert Woolfe, who previously established and led the FX business of ETX Capital and the same year it was granted the CIF license by the Cyprus Securities and 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 Commission (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term). However, the company renounced its Cyprus Investment Firm (CIF) License in 2018.

In 2015, Capital Index opened a London branch office and became authorized and regulated by the UK’s Financial Conduct Authority (FCA).