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 Connect
The 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.
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.
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 Connect
The 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.
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.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
Freetrade, Scope Markets, Marex, and More: Executive Moves of the Week
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You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. Today's Thursday, the twenty first of May 2026, and these are our main stories: CFD broker CMC Markets and Binance both target SpaceX exposure on the same day, IG Japan pauses retail vanilla options trading, and prediction markets expand across brokers and exchanges.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. Today's Thursday, the twenty first of May 2026, and these are our main stories: CFD broker CMC Markets and Binance both target SpaceX exposure on the same day, IG Japan pauses retail vanilla options trading, and prediction markets expand across brokers and exchanges.
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