Prime Broker Maybank Kim Taps Alex Maslin as Sales Manager

After nearly a decade at two of the UK's largest FX brokers, institutional sales veteran Alex Maslin has moved to Maybank Kim Eng, the investment banking and brokerage division of Malaysian bank Maybank, assuming the role of its Prime Services Sales Manager.

London-based Maybank Kim offers full prime brokerage service to hedge funds, family offices, proprietary traders, and asset managers with managed account platforms.

Alex embarks on his next executive position with a key role within Maybank’s prime brokerage business which serves a client segment that trade in different markets and covers securities financing, fixed income, 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, and leveraged Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term.

The parent company Maybank is South East Asia's fourth-largest bank by assets and has an international network of 2,400 branches in 20 countries, with over 45,000 employees serving customers worldwide.

A Decade in London

Maslin, who has nearly ten years of FX sales experience, joins Maybank from British spread better and trading provider CMC Markets ‎‎(LSE: CMCX), where he served most recently as Institutional Sales Manager for nearly four years.

Prior to joining the CMC Markets team, Maslin assumed the same role at UK-listed broker IG Group, having worked out of London for over five years, his Linkedin profile shows.

Maslin began his tenure with IG in 2005 and had originally served in telephone dealing for spread betting and CFD products on equities, futures, options, and forex, dealing with retail and professional clients.

Earlier in his career, he also served at MF Global as sales and account manager for retail, professional and institutional clients for only six months.

The experience he accrued during his nearly ten years in sales positions likely influenced Maybank’s decision to hire him to guide its FCA-regulated prime brokerage business.

Prime brokers provide services such as lending securities, cash, credit lines and settling of trades. The business is also offering services that wealthy individuals may not get from a private bank, such as direct access to trading.