CMC Markets Strengthens Tech Team by Hiring Kevin McGuinn
- He has joined the broker as a Senior Product Manager.
- He brings over 23 years in the business and IT industry.

London-listed broker, CMC Markets (LON: CMCX) has hired Kevin McGuinn as the company’s Senior Product Manager, thus strengthening its technology team. He is based in London and has already joined the broker.
“I’m happy to share that I’m starting a new position as Senior Product Manager at CMC Markets!” he wrote in a Linkedin post recently.
McGuinn is a vastly experienced technology executive, spending his career with several financial firms.
Before joining CMC Markets, he worked at Mortgage Engine, a company that is building AI-based technology for the mortgage industry. He spent three years there as the Product and Delivery Manager and also as a Technical Business Analyst.
He started his career with Lloyds Banking Group in 2000 in software development-centric roles. Prominent roles in his career include Technical Project Manager at Barclays and eight years at Lloyds Banking Group.
Betting Big on Tech
Similar to any other broker, the financials of CMC Markets also corrected in the latest news for the financial year 2022 from the peak it achieved with the pandemic-induced volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets. In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets. Read this Term. Though its profits dropped 59 percent, the revenue of the broker came in line with its forecast at £281.9 million.
Furthermore, McGuinn’s appointment was made as the London-headquartered broker is strengthening its technology. Recently, the broker announced that it is opening a technology hub in Manchester. It has reportedly invested more than £100 million in the firm's systems and platforms.
London-listed broker, CMC Markets (LON: CMCX) has hired Kevin McGuinn as the company’s Senior Product Manager, thus strengthening its technology team. He is based in London and has already joined the broker.
“I’m happy to share that I’m starting a new position as Senior Product Manager at CMC Markets!” he wrote in a Linkedin post recently.
McGuinn is a vastly experienced technology executive, spending his career with several financial firms.
Before joining CMC Markets, he worked at Mortgage Engine, a company that is building AI-based technology for the mortgage industry. He spent three years there as the Product and Delivery Manager and also as a Technical Business Analyst.
He started his career with Lloyds Banking Group in 2000 in software development-centric roles. Prominent roles in his career include Technical Project Manager at Barclays and eight years at Lloyds Banking Group.
Betting Big on Tech
Similar to any other broker, the financials of CMC Markets also corrected in the latest news for the financial year 2022 from the peak it achieved with the pandemic-induced volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets. In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets. Read this Term. Though its profits dropped 59 percent, the revenue of the broker came in line with its forecast at £281.9 million.
Furthermore, McGuinn’s appointment was made as the London-headquartered broker is strengthening its technology. Recently, the broker announced that it is opening a technology hub in Manchester. It has reportedly invested more than £100 million in the firm's systems and platforms.