CMC Markets Connect relocates APAC team led by Peter Foster to Singapore
“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.”
CMC Markets Connect, a leading provider of liquidity and white label trading solutions, has announced that Peter Foster, Institutional Sales APAC, has relocated from the company’s Sydney office to CMC’s Singapore regional hub.
Peter joined CMC Markets in 2019 bringing with him almost two decades’ worth of experience, primarily in equity markets.
During his career so far, Peter has gained a deep understanding of custodial equities whilst at Macquarie Bank, as well as equities lending and structured equity products whilst working for Westpac’s institutional banking division.
Richard Elston, Group Head of Institutional at CMC Markets Connect, commented: “Peter has been a significant asset to the team since he joined us four years ago. This move from Sydney to Singapore will enable us to better serve the fast growing market in South East Asia, where we know clients and prospects alike put real value on the benefits of having staff with autonomy available locally to them.”
CMC Markets Connect already serves institutional clients in numerous countries across the APAC region. Peter’s relocation will ensure that these customers can continue to receive the highest levels of support, as well as benefit from his extensive knowledge and understanding of physical equities.
Peter Foster, Institutional Sales APAC, added: “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.”
CMC Markets Connect provides sculpted liquidity to a global institutional client base of banks, brokerages, funds and dealing desks.
The firm’s continuous innovation and investment in trading technology means that it is able to respond consistently to changing markets.
Through a single connection, clients have access to multiple asset classes worldwide allowing them to seamlessly execute their chosen strategy and increase revenue potential.
CMC Markets is regulated in multiple jurisdictions, under the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investment Commission (ASIC) in Australia and Monetary Authority of Singapore (MAS) in Singapore.
Established in 1989, CMC Markets is listed on the London Stock Exchange and leads the way in the online financial trading business serving retail and institutional clients through regulated offices and branches in 12 countries, with a significant presence in the UK, Australia, Germany and Singapore.
Clients can trade over 14,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference (CFDs).