CMC Markets London strengthens institutional team
CMC Markets has appointed Ross Newell as Business Development Manager, the company having expanded in recent years to deliver a comprehensive multi-asset solution that includes CMC Markets Prime Derivatives. Mr Newell has positions at AETOS, AxiCorp, GFT and FIXI behind him
CMC Markets Institutional, a leading provider of liquidity and white label trading solutions, has announced the appointment of Ross Newell as Business Development Manager, Institutional Business, to the company’s London office.
Ross brings with him almost 15 years of financial services experience and is well known throughout the European institutional foreign exchange and CFD market.
Having worked with some of the biggest brokerages in London, Ross is highly regarded for his knowledge of institutional foreign exchange and derivative product solutions.
In his new role with CMC Markets, Ross will be working closely with institutional clients across Europe, ensuring that they receive tailored liquidity solutions and are also fully aware of the benefits of CMC Markets’ institutional-level online trading technology.
This provision has been expanded in recent years to deliver a comprehensive multi-asset solution that includes CMC Markets Prime Derivatives, which provides access to trade almost 9,000 single stock CFDs.
Richard Elston, Head of Institutional at CMC Markets, commented:
“Ross joins the London office at an exciting time for the business. With our market-leading multi-asset offering, CMC Markets is seeing increased demand from those institutions looking for a single counterparty to meet all their trading needs. We look forward to working with Ross as he helps us continue to grow our presence in this field.”
Ross will work with CMC Markets Institutional to deliver three specific solutions to the market:
- the comprehensive suite of multi-asset liquidity services based around an Application Program Interface (API), designed to meet the urgent need for reliable liquidity among financial institutions such as broker aggregators, banks, proprietary trading firms and the hedge fund market.
- white label market counterparty solution for larger banks and regulated financial institutions; and
- grey label for mid-to-small sized brokers.