Ultima Markets Appoints Gareth Derbyshire as Chief Strategy Officer
Ultima Markets has appointed Gareth Derbyshire as its new Chief Strategy Officer. The broker is preparing to launch services in the United Kingdom next year. The company aims to strengthen its leadership team ahead of this major move.
About the Appointment of Gareth Derbyshire
Gareth Derbyshire takes on the role of Chief Strategy Officer at Ultima Markets. His primary objective is to reinforce the leadership framework as the firm positions itself for a 2026 UK launch. Derbyshire is expected to guide the company’s regulatory and strategic direction during this crucial phase.
Who is Gareth Derbyshire?
Derbyshire brings 25 years of experience in compliance and regulatory oversight across major financial institutions. He served as Head of Compliance at CMC Markets. There, he oversaw operations in the UK, Europe, Canada, and South Africa. His career also includes leadership roles at Plus500 UK and ETX Capital. There, he managed compliance and financial crime risk frameworks.
Beyond these roles, Derbyshire worked as Senior Manager for PwC’s Financial Services Risk and Regulation practice. He supported retail, wholesale, asset management, insurance, and private banking clients. He also held compliance positions at Norwich and Peterborough Building Society and the Financial Ombudsman Service. Since 2017, he has led Executive Compliance Ltd, an APCC-registered consultancy.
Ultima Markets’ Regulatory Milestone
Ultima Markets recently secured a Financial Conduct Authority (FCA) licence in the UK. This milestone grants the broker access to a market with high regulatory standards. The firm already holds licences in South Africa and Mauritius. Ultima Markets has built a strong presence in the Asia-Pacific region. With its UK entry, the company is extending its reach into one of the world’s most advanced trading ecosystems.
About Ultima Markets
Ultima Markets is a Mauritius-domiciled retail FX and CFDs broker. It offers CFD trading in forex, indices, commodities, and global shares on platforms such as MetaTrader 4 and MetaTrader 5. The firm provides multiple account types, including STP and ECN, with ECN and pro options available. It supports fractional share CFDs, market execution, demo accounts, and runs a Trading Academy for education. The company says it will expand beyond China and the Far East and plans to onboard UK clients from 2026 with a localized UK offering. Recently, Ultima Markets acquired Tiger Brokers UK.
Summing Up
The appointment of Gareth Derbyshire strengthens Ultima Markets’ leadership at a decisive moment. The firm is ready to establish itself in the UK market.
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