<p>CMC Markets
Connect, a provider of white label and <a href=”https://www.financemagnates.com/terms/l/liquidity/” class=”terms__main-term” id=”47c3bef3-27ee-4953-8504-159e1b829b33″ target=”_blank”>liquidity</a> trading solutions, has announced
the relocation of Peter Foster, Institutional Sales APAC, from the office in
Sydney to the company’s regional hub in Singapore.</p><p>CMC Markets Connect Professional
Moves to New Jurisdiction</p><p>Foster
joined the group in 2019 and brought almost two decades’ worth of
experience with him, primarily in equity markets. He has a deep understanding of custodial
equities, equities lending, and structured equity products. This move will
ensure that CMC Markets Connect’s institutional clients in the APAC region can
continue to receive the same level of support and benefit from Foster’s knowledge
and understanding of physical <a href=”https://www.financemagnates.com/terms/e/equities/” class=”terms__secondary-term” id=”d6e02698-4c6b-44dd-ab57-9ff12763325c” target=”_blank”>equities</a>.</p><p>In the past,
he was associated with Westpac and Macquarie Bank, where he worked for the institutional
banking and custodial equities divisions. Before joining CMC Markets, he was associated with Kennedy Partners, where he held a director position.</p><p>”Singapore
is a vibrant city and is now undoubtedly seen as Asia’s leading financial hub.
The decision to bolster the CMC Markets Connect team here will help us cement
the company’s position as a leading provider of multi asset liquidity and
comprehensive trading solutions across the region,” Foster commented.</p><p>Richard
Elston, the Group Head of Institutional at CMC Markets Connect, commented on the
move, adding that Foster has been a significant asset to the team since joining
four years ago and that the move will help CMC Markets Connect cement its
position as a leading provider of multi-asset liquidity and comprehensive
trading solutions across the region.</p><p>Watch the recent FMLS22 panel on liquidity between retail and institutional trading.</p><p>Liquidity Solutions from
CMC Markets Connect</p><p>The group decided to rebrand its institutional
business division, CMC Institutional, to CMC Markets Connect <a href=”https://www.financemagnates.com/institutional-forex/brokerage/cmc-markets-rebrands-institutional-unit-as-cmc-markets-connect/” target=”_blank” rel=”follow”>more than two
years ago</a>. The trading company from London has been offering B2B services for the
past 20 years and offers liquidity to global institutional clients, including
brokerages, banks, dealing desks and funds.</p><p>CMC’s
recent rebranding is a step in its efforts to broaden institutional offerings,
as it has unveiled a range of new innovations that were rolled out during 2021
and 2022.</p><p>”Our
continuous innovation and investment in trading technology mean that we are
able to respond consistently to changing markets. Through a single connection,
our clients have access to multiple asset classes worldwide allowing them to
seamlessly execute their chosen strategy and increase revenue potential,”
CMC Markets Connect stated in a press release.</p><p>Number of New Hires in
2022</p><p>Back in
June 2022, Kim<a href=”https://www.financemagnates.com/executives/moves/kim-ljung-andersen-joins-cmc-markets-as-head-of-institutional-product-solutions/” target=”_blank” rel=”follow”> Ljung Anderson was appointed to Head of Institutional Products
Solutions at CMC Markets Connect</a>. In the past, he served as the Director of
Saxo Advanced Solutions at Saxo Bank for over 18 years.</p><p>In the meantime,
CMC Markets Connect informed us that <a href=”https://www.financemagnates.com/executives/moves/cmc-markets-connect-expands-institutional-sales-team-hiring-johan-koo/” target=”_blank” rel=”follow”>Sam Horowitz has joined the company as the
Head of FX Distribution and Liquidity Management</a>. Before he bolstered the institutional
arm of CMC Markets, he served as an advisor on the brokerage’s wholesale expansion.</p><p>At the beginning
of last year, the liquidity provider announced <a href=”https://www.financemagnates.com/executives/moves/cmc-markets-connect-expands-institutional-sales-team-hiring-johan-koo/” target=”_blank” rel=”follow”>the appointment of Johan Koo</a> as
an Institutional Sales Manager. Based in Sydney, he focuses on the business of
the Asia-Pacific region.</p>
This article was written by Damian Chmiel at www.financemagnates.com.
