Christopher Peter Long Steps Down from GCM Prime Board of Directors

Christopher Peter Long has stepped down from his position of Director at prime of prime brokerage GCM Prime. The move comes a couple of months after he joined the board of another brokerage, EGR Broking.

Mr Long joined GCM Prime in October 2011 and spent just under six years there, effectively resigning on the 5th of June. He continues to be an active board member at several companies aside from EGR Broking, which is a London-based stockbroking firm.

Long is also a director at Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term company Interest Me P2P, FHWM, FW Holdings, LPL Finance Return Over Time, Titan Black Group, Too Long Investments and Wise Pension Group.

Last year, GCM Prime was joined by Levy Bennaroch as Chief Operating Officer. He will be joining the company's Board and succeeding Mr Long.

Throughout the year, the former directors of GCM, Salvatore Buccellato and Glenn Ward, left the company’s board in September and June respectively. The recent Bankruptcy Bankruptcy Bankruptcy or insolvency constitutes a legal term and refers to being unable to repay debts. A business and a person can declare bankruptcy. When a person or company claims bankruptcy, it is described as a voluntary bankruptcy, and when your debtors force you into bankruptcy, it is referred to as involuntary. A voluntary bankruptcy occurs when the debtor or borrower, the party that owes the money files with the courts. Involuntary bankruptcy happens when your credits file a petition with the co Bankruptcy or insolvency constitutes a legal term and refers to being unable to repay debts. A business and a person can declare bankruptcy. When a person or company claims bankruptcy, it is described as a voluntary bankruptcy, and when your debtors force you into bankruptcy, it is referred to as involuntary. A voluntary bankruptcy occurs when the debtor or borrower, the party that owes the money files with the courts. Involuntary bankruptcy happens when your credits file a petition with the co Read this Term of Gallant Capital Markets prompted the company to clarify that it doesn’t share a similar management structure with the BVI-regulated broker, where Buccellato is a senior executive.

The London-based prime of prime brokerage recently reported its financial results for 2016. The company’s revenues amounted to £1.5 million between April and December last year. GCM Prime posted a gross profit of £171,514, with an operating loss of £227,174.

The firm raised additional capital last year, totaling over £4.2 million, with the total share capital of the company as of the end of last year amounting to £7.27 million. The figure is more than double the previous amount reported at the end of March 2016.