CMC Markets has opened a new office in Warsaw to support key global business processes across the CMC Group. The move follows the broker’s recent expansion in Bermuda, where it received approval from the Bermuda Monetary Authority to conduct investment and digital asset business.

Under the Bermuda licence, the broker partnered with Sumsub, a verification platform, and FYNXT, a modular multi-asset platform, to support client onboarding.

CMC Markets Opens Office in Warsaw

In a statement, the company said Warsaw offers “a strong talent market, deep specialist expertise, and seamless collaboration with our global teams.” It added that CMC Markets will continue to grow in Poland, strengthening its capabilities across multiple areas of the business and supporting long-term ambitions.

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The launch event in Warsaw was led by David Fineberg, Managing Partner, and Łukasz Wardyn, Executive Director, who oversees the broker’s operations in Poland.

Senior Executives Exit CMC Markets Leadership

Toby Morris, Head of Sales Trading & Execution at CMC Markets, has left the company after nearly 13 years. In a LinkedIn post, he noted that November marked the end of his tenure and highlighted his role in developing the Sales Trading desk into a “genuinely global, centralised, multi-asset operation.”

Morris is the latest in a series of senior exits over the past 18 months, which include the CFO, Deputy CEO, and head of the institutional division. Successors for Morris and Richard Elston have not yet been announced.

Phishing Campaign Hits Australian CMC Customers

Alongside internal leadership changes, CMC Markets is facing external security threats. Australian customers of the London-listed broker are reportedly being targeted by a new phishing campaign, according to MailGuard AU.

The operation appears aimed at high-net-worth clients, with emails impersonating CMC Markets and TD Direct Investing to steal login credentials. Messages often reference tax matters or account migration and direct recipients to fake login pages.

The emails carry the subject line “Federal Tax Residency Verification Notice — Required Renewal of W-8BEN PMC Certification” and include realistic branding and disclaimers. CMC Markets did not comment.