CMC Markets Connect Relocates Peter Foster from Sydney to Singapore

CMC Markets Connect, a provider of white label and liquidity 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.CMC Markets Connect Professional Moves to New JurisdictionFoster 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 equities.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."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.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.Watch the recent FMLS22 panel on liquidity between retail and institutional trading.Liquidity Solutions from CMC Markets ConnectThe group decided to rebrand its institutional business division, CMC Institutional, to CMC Markets Connect more than two years ago. 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.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."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.Number of New Hires in 2022Back in June 2022, Kim Ljung Anderson was appointed to Head of Institutional Products Solutions at CMC Markets Connect. In the past, he served as the Director of Saxo Advanced Solutions at Saxo Bank for over 18 years.In the meantime, CMC Markets Connect informed us that Sam Horowitz has joined the company as the Head of FX Distribution and Liquidity Management. Before he bolstered the institutional arm of CMC Markets, he served as an advisor on the brokerage's wholesale expansion.At the beginning of last year, the liquidity provider announced the appointment of Johan Koo as an Institutional Sales Manager. Based in Sydney, he focuses on the business of the Asia-Pacific region. This article was written by Damian Chmiel at www.financemagnates.com.