GMI Markets UK Sees Sixfold Surge In Pre-Tax Profit Amid Cost Reductions
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GMI Markets’ UK branch, which offers trading and tech services to professional clients, reported a major jump in pre-tax profit, reaching £209,787 — more than six times higher than the previous period. This sharp rise was mainly due to increased revenue and a big cut in admin costs.
The latest company filings show revenue rose to £658,089, up by around 7% from before. At the same time, administrative costs dropped to £505,912 from £632,317. Most of the savings came from reducing staff salary expenses.
UK Arm Of GMI Markets Reports Strong Recovery And Sets Growth Plans
After taxes, the UK business earned £157,183 in net profit, a huge improvement from a much smaller profit seen earlier. This follows a tough period when profits had dropped sharply.
Global Market Index Limited provides online trading access for financial products like forex and CFDs to professional and eligible counterparties. In the UK, it operates under an FCA licence, while other parts of the group — registered in St. Vincent and the Grenadines and Mauritius — focus on retail clients. There’s also an entity listed in Saint Lucia, which doesn’t regulate CFD brokers.
The UK office said its success came from boosting the trading volume of professional clients and keeping strong ties with existing ones while adding new accounts.
Looking ahead, the firm outlined four key income drivers. These include offering liquidity and White Label services to institutional clients using MT4, MT5, and FIX API platforms, as well as supporting professional traders. The company also plans to work closely with partner firms and expand its presence both locally and globally to reach and convert more clients.
GMI Highlights Market Volatility As Opportunity And Shares Broader Economic Insights
The company also noted that global tensions have made markets more volatile. While many businesses have struggled, this has opened up new trading opportunities in the FX space.
GMI described its operation as solid and well-structured, with enough cash reserves to keep going even if business activity slows down sharply.
Separately, the Global Markets Institute (GMI), an arm of Goldman Sachs, was created to provide insights into how capital markets affect the economy and public policy. It launched with a series of public town halls discussing how capital markets help with job creation, starting in cities across the U.S.
GMI also published research papers, including one about how markets support job growth, co-written by top economists from Goldman Sachs and Columbia Business School. One of the authors later led the New York Fed. Noted strategist Abby Joseph Cohen also contributed research on topics like regional inequality in the U.S. and cleans energy developments in emerging economies.
