|
One Financial is a British CFD trading company headquartered in London, authorised and regulated by the Financial Services Authority (FSA). The company was founded in 2007 by a number of senior financial service professionals from the UK and UAE markets who constitute the current Board of Directors at Executive level. One Financial currently has one non-Executive Director, who is a senior official of an international Bank, based in London. As of May 2008, One Financial had grown rapidly to a staff of more than 30 personnel centred in five countries. History One Financial was founded in January 2007, receiving its FSA authorisation at the end of July the same year. In December 2007, the company formally launched its trading platform and supporting services. Since then, affiliate IB relationships have been formed across the Middle East, including Dubai, Abu Dhabi, Kuwait, Saudi Arabia, Egypt, Syria and Jordan. One Financial also has representation in Turkey, Netherlands, China, Malaysia, Indonesia and Russia. One Financial DMCC was established as a wholly owned subsidiary of One Financial in Dubai, towards the end of June 2008, gaining its full Licencing authority from the Dubai Multi Commodities Centre in October the same year. The subsidiary also now a member of the Dubai Gold & Commodities Exchange (DGCX). Business structure One Financial has 6 operational divisions: Trading Internet Retail Division Partners Finance, Legal & HR Compliance IT Introduction of oil and gas to the CFD markets In 2000, several members of the current One Financial senior management facilitated the introduction of the trading of oil and gas CFDs (Contract_for_difference) to the Middle East retail market. This had a profound impact on the CFD business at large in the region, which had been undergoing a steady decline in Private Client CFD activity, due to both lower levels of volatility and liquidity across traditional forex markets, with investors consequently turning away from international markets and toward the local stock markets. Introduction of MT4 platform One Financial introduced in September 2009. This platform is perceived to be one of the most popular trading platforms around the world. The success of the platform is mainly due to the ability of it’s clients to use EA (expert advisors) and other technical analytics tools. Key personnel The Forex and Derivative Trading team is headed up by Chief Dealer Andrew “AJ” Henderson. AJ has recruited a number of senior professionals with high level experience in their fields from various companies, including Goldman Sachs and CMC Markets. Head of Online Marketing, Rashad Hussain has a long and successful industry record; initially in national print media Rashad subsequently switched to the financial services sector taking charge of online business development for a major CFD market maker before joining One Financial. Stuart Cooke, Head of Partners overseas development of the Introducing Broker network within One Financial; with representation in over twenty countries, Stuart’s role is now truly global and reaches out to all major financial centres, not just the Company’s core Middle Eastern market. Katie Walsh is Group Head of Compliance, having been appointed in June 2008 following a successful term in a similar role with another FSA regulated CFD market maker. Subsidiaries One Financial DMCC is a wholly owned subsidiary of One Financial, London, and is fully licensed under the Dubai Multi Commodities Centre authority. One Financial DMCC is a member of the Dubai Gold & Commodities Exchange
|
|
|