Biyi Cheng will head CMC Markets' new Shanghai office in its largest expansion to date in mainland China.
CMC Markets’ expansion into the Asia-Pacific (APAC)) region continues with a new office in Shanghai. Having already set up shop in Beijing, the instalment of a Shanghai office shows CMC Markets’ continued commitment to expanding further into China as the company sees continued client demand over the past decade.
The Chinese market has been one of CMC Markets’ strongest areas of growth in recent years. Opting for Shanghai is a strategic choice for the group, which already has a hub in Beijing supported by its service team in Sydney. The latest expansion further binds CMC Markets to China, and will help strengthen its service there.
Head of CMC Markets Asia Pacific and Canada, Matthew Lewis, touched on the expansion: “China’s significance as a key player in the global financial landscape continues to grow and this trend reflects our business expansion in the region.”
New local hub poised to capture growth
CMC Markets has made steady progress in the APAC region over the past few years. Bolstering its presence in China is a different development entirely however, given its significance as a global player and what it means for the company’s business in the country.
China has consistently demanded an improved trading infrastructure, a challenge that brokers have been tackling in different ways. The Great Firewall and resulting latency issues are among the most infrastructure-intensive efforts for the retail trading industry in the region.
“Having an office located in mainland China ensures better communication and a higher level of service to our clients, while demonstrating our commitment to traders in the market. Over the past ten years, we have invested heavily in our services in China including new technology, leading educational offerings and innovation of our platforms. This ensures that we continue to offer an exceptional proposition and standard of service to the Chinese market,” elaborated Mr. Lewis.
Veteran appointment
The office itself will be headed by Mr Biyi Cheng, who is highly proficient with the local market. He comes with over 12 years of industry experience as his career started with CMC Markets in Sydney. After 5 years at City Index he returned to his current company to become Head of Greater China whilst based out of Sydney.
“Biyi brings over fifteen years experience and relationships within the Chinese market to the role and is well placed to head up the Greater China region for CMC Markets. As a global business, our purpose is to make the financial markets truly accessible to investors, and this latest announcement further supports this mission,” said Mr Lewis.
Biyi Cheng commented on the new role: “The evolution of China’s financial policy and the need for investment and money management in the Chinese market is growing, providing great opportunity in China for an experienced provider of Online Trading like CMC Markets to deliver additional opportunities to investors and traders locally.”
“We already have a lot of experience and an in-depth understanding of this audience from our wider APAC offices, and as a local to Shanghai, I’m looking forward to continuing to grow the offering here,” he reiterated.
CMC Markets’ expansion into the Asia-Pacific (APAC)) region continues with a new office in Shanghai. Having already set up shop in Beijing, the instalment of a Shanghai office shows CMC Markets’ continued commitment to expanding further into China as the company sees continued client demand over the past decade.
The Chinese market has been one of CMC Markets’ strongest areas of growth in recent years. Opting for Shanghai is a strategic choice for the group, which already has a hub in Beijing supported by its service team in Sydney. The latest expansion further binds CMC Markets to China, and will help strengthen its service there.
Head of CMC Markets Asia Pacific and Canada, Matthew Lewis, touched on the expansion: “China’s significance as a key player in the global financial landscape continues to grow and this trend reflects our business expansion in the region.”
New local hub poised to capture growth
CMC Markets has made steady progress in the APAC region over the past few years. Bolstering its presence in China is a different development entirely however, given its significance as a global player and what it means for the company’s business in the country.
China has consistently demanded an improved trading infrastructure, a challenge that brokers have been tackling in different ways. The Great Firewall and resulting latency issues are among the most infrastructure-intensive efforts for the retail trading industry in the region.
“Having an office located in mainland China ensures better communication and a higher level of service to our clients, while demonstrating our commitment to traders in the market. Over the past ten years, we have invested heavily in our services in China including new technology, leading educational offerings and innovation of our platforms. This ensures that we continue to offer an exceptional proposition and standard of service to the Chinese market,” elaborated Mr. Lewis.
Veteran appointment
The office itself will be headed by Mr Biyi Cheng, who is highly proficient with the local market. He comes with over 12 years of industry experience as his career started with CMC Markets in Sydney. After 5 years at City Index he returned to his current company to become Head of Greater China whilst based out of Sydney.
“Biyi brings over fifteen years experience and relationships within the Chinese market to the role and is well placed to head up the Greater China region for CMC Markets. As a global business, our purpose is to make the financial markets truly accessible to investors, and this latest announcement further supports this mission,” said Mr Lewis.
Biyi Cheng commented on the new role: “The evolution of China’s financial policy and the need for investment and money management in the Chinese market is growing, providing great opportunity in China for an experienced provider of Online Trading like CMC Markets to deliver additional opportunities to investors and traders locally.”
“We already have a lot of experience and an in-depth understanding of this audience from our wider APAC offices, and as a local to Shanghai, I’m looking forward to continuing to grow the offering here,” he reiterated.
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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