About the Company

The UK Financial Conduct Authority (‘FCA’) has approved a Section 178 request for the change of control of BCS Prime Brokerage Ltd to an U.K./U.S. consortium, GBM Holdings. The transaction completed on June 27, 2024.

GBM Holdings is majority controlled by Gerald Banks and Michael Abbott.
The company now operates under the new brand, GBM Securities. The new leadership team brings a wealth of experience and is dedicated to making this venture an outstanding success.

At GBM Securities, we specialize in providing brokerage and prime brokerage services to investors focusing on emerging and frontier markets. Our services are designed to meet the needs of clients who require detailed market insights, the ability to navigate complex legal landscapes, competitive pricing, and reliable execution. We offer both high-touch and low-touch services to accommodate our clients’ varying needs.

Compliance

At GBM Securities, compliance is at the core of everything we do. We use the most up-to-date FCA-compliant modules to monitor all aspects of compliance rigorously. This includes scrutinizing sources of cash, ensuring the pedigree of counterparties, adhering to sanctions regimes, and meticulously tracing money trails. Our advanced systems also verify the integrity of crypto transactions, maintaining the highest standards of transparency and security.

Our commitment to compliance ensures that our clients’ investments are handled with the utmost integrity and responsibility. Through rigorous operational and investment due diligence processes, we ensure that all investments meet our stringent standards before approval. This comprehensive approach not only safeguards our clients’ capital but also reinforces our dedication to operating in a socially and environmentally responsible manner.