Manjit Wolstenholme, Non-Executive Director at CMC Markets, to Leave in July
- Ms. Wolstenholme joined the group as a Non-Executive Director back in December 2015.
CMC Markets, a UK-based provider of spread betting, contracts-for-difference (CFDs) and foreign exchange, today announced that its senior independent director Manjit Wolstenholme has advised the company that she will step down during July 2017.
The London Summit 2017 is coming, get involved!
In a filing with the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, the online retail broker said that its board is conducting an executive search for a successor, with Manjit remaining in her current non-executive role until a one has been appointed.
Ms. Wolstenholme joined the group as a Non-Executive Director back in December 2015. The appointment of the investment banker was a step to strengthen its flotation plans in 2016.
Prior to CMC, Manjit was a partner in an M&A boutique, Gleacher Shacklock LLP, where she had a particular focus on financial institutions and the media.
Ms. Wolstenholme also served as co-head for investment bank Dresdner Kleinwort Wasserstein, where she served for 13 years and was responsible for managing the division as well as advising clients on a wide range of transactions.
Last week, CMC Markets launched a new prime FX proposition, part of a growing institutional offering for the group and its latest bid to help shore up an industry Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term gap.
The development comes at a time when a number of traditional prime brokers have been scaling back or mitigating the scope of their dealings with smaller banks and brokers. This has created a shortage of liquidity, resulting in gaps. CMC Markets’ Prime FX was launched with the aim of reconciling this disparity and better meet client demands.
CMC Markets, a UK-based provider of spread betting, contracts-for-difference (CFDs) and foreign exchange, today announced that its senior independent director Manjit Wolstenholme has advised the company that she will step down during July 2017.
The London Summit 2017 is coming, get involved!
In a filing with the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, the online retail broker said that its board is conducting an executive search for a successor, with Manjit remaining in her current non-executive role until a one has been appointed.
Ms. Wolstenholme joined the group as a Non-Executive Director back in December 2015. The appointment of the investment banker was a step to strengthen its flotation plans in 2016.
Prior to CMC, Manjit was a partner in an M&A boutique, Gleacher Shacklock LLP, where she had a particular focus on financial institutions and the media.
Ms. Wolstenholme also served as co-head for investment bank Dresdner Kleinwort Wasserstein, where she served for 13 years and was responsible for managing the division as well as advising clients on a wide range of transactions.
Last week, CMC Markets launched a new prime FX proposition, part of a growing institutional offering for the group and its latest bid to help shore up an industry Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term gap.
The development comes at a time when a number of traditional prime brokers have been scaling back or mitigating the scope of their dealings with smaller banks and brokers. This has created a shortage of liquidity, resulting in gaps. CMC Markets’ Prime FX was launched with the aim of reconciling this disparity and better meet client demands.