On December 8, GKPro, the professional and institutional trading division of the global brokerage group, Global Kapital Group (GKG), announced the appointment of Adam Dougali as its next CEO, following a competitive selection by the company’s directors.
In his role as Chief Executive at GKPro, Dougali will lead the company in delivering its strategy and vision. He will succeed Iain Rogers as CEO of GKPro. Mr Rogers left earlier this year and is now with the UK arm of the rival Turkish FX broker, Finveo, as the Chief Executive Officer of Finveo UK.
Most recently, Dougali served as CFO for Britannia Global Markets (renamed as Berkeley Futures Limited). He served as the European Financial Controller for the Nasdaq-listed broker, FXCM from 2010 to 2017. In the past, he served in senior managerial positions for a number of global financial services firms, including Cantor Fitzgerald and the financial services group Britannia.
Dougali takes the new leadership role with more than 20 years of highly appropriate financial industry experience, thus giving him the essential skills and expertise needed to successfully execute the functions associated with CEO tasks. He has a strong background in accounting and has developed his career by holding various senior positions in FCA regulated businesses, across several FD, CFO and COO roles.
Global Kapital Group (GKG) is a Turkey-headquartered financial technology and solutions firm with a global presence across the world. The company primarily operates under the GKPro name, provides brokerage, alternative finance, corporate banking and digital banking solutions. It offers B2B institutional FX services and CFD services for smaller FX brokers and professional or institutional traders.
Engin Çubukçu, GKG’s Chairman commented on the development of the appointment and said: “GKPro has been very successful offering brokerage services to institutional clients in the UK for over 10 years. Under Adam’s leadership and with GKG’s support, GKPro will be able to capture the considerable potential in the growing B2B market and implement its strategy of expanding its offerings to serve a greater B2B customer base.”
Meanwhile, Adam Dougall, GKPro CEO, stated: “I am delighted to join GKPro at this crucial and interesting stage in its growth journey. B2B brokerage is full of opportunities and GKPro can make a real difference. It is an exciting time for the trading market.”
Unlocking Opportunities for Investors
The development by GKPro announcing changes in its leadership roles comes at a time when the global market for CFDs (Contract for Difference) and forex trading is growing at a rapid pace. While forex trading is legal in the US, CFD contracts are not allowed in the country. However, with increasing interest, investors can easily trade CFDs and Forex all over the world. Nowadays, such trades are executed in the over-the-counter (OTC) market, which is run entirely electronically within a network of banks, with no physical location or central exchange. They are allowed in listed, over-the-counter (OTC) markets in many major trading countries, including the United Kingdom, Germany, Switzerland, Singapore, Spain, France, South Africa, Canada, New Zealand, Hong Kong, Sweden, Norway, Italy, Thailand, Belgium, Denmark and the Netherlands.
Brokers are regulated to operate in multiple nations. Several countries have been highly successful in developing CFD and forex markets that serve both domestic populations and overseas investors. Unlike shares, CFDs allow investors to gain access to numerous markets from a single platform. CFD providers provide their customers with shares, forex, commodities and cryptocurrency CFDs, and the ability to use leverage in such markets.
