CIMB Securities Onboards Andrew Leelarthaepin as Head of Foreign Exchange

Finance Magnates has learned that the industry veteran Andrew Leelarthaepin, whose previous experience includes senior roles at Saxo Markets and ADS Securities, has joined Malaysian brokerage CIMB Securities International in the capacity of Head of Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term.

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Mr. Leelarthaepin has been working in the finance industry for over 15 years in varying roles and has been specialising in CFDs and foreign exchange trading for the past ten years. In addition, with a very detailed background spanning across the institutional and retail sectors, Mr. Leelarthaepin has held international positions at well-known FX companies.

Mr. Leelarthaepin arrives at CIMB Securities after a nearly three-year tenure as Director of Institutional API sales for Asia Pacific at Saxo Markets, the prime brokerage arm of Danish investment bank Saxo Bank.

Mr. Leelarthaepin’s career encompasses other senior roles including Senior Manager of eFX Sales for Asia Pacific at ADS Securities and Regional Head of E-Commerce Sales at ICAP. He also served as Institutional Sales Specialist for CMC Group plc in Sydney, Australia.

Andrew Leelarthaepin’s qualifications include a bachelor's degree in economics from the University of Sydney. He has been involved in CFDs since their inception in Australia, and is an experienced presenter in the areas of CFDs and margin foreign exchange trading.

CIMB Securities is a subsidiary of Malaysia’s second largest lender CIMB Group, which sold a 50 percent stake in its stockbroking unit to China Galaxy Securities earlier this month. The stake sale of CIMB Securities International would see CIMB Group and China Galaxy run a 50:50 stockbroking joint venture outside of Malaysia. The unit comprises institutional and retail brokerage, Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term research and associated securities business across Indonesia, Singapore, Thailand, Hong Kong, South Korea, India, the UK and the US.