CMC Markets Connect bolsters South East Asia team

Peter Foster will relocate from Sidney, Australia to drive institutional growth from CMC Market Connect's Singapore office.

February 6th, 2023 – CMC Markets Connect, a provider of liquidity and white label trading solutions, has announced that Peter Foster, Institutional Sales APAC, has relocated from the company’s Sydney office to CMC’s Singapore regional hub.

Peter joined CMC Markets in 2019 bringing with him almost two decades’ worth of experience, primarily in equity markets. During his career so far, Peter has gained a deep understanding of custodial equities whilst at Macquarie Bank, as well as equities lending and structured equity products whilst working for Westpac's institutional banking division.

Richard Elston, Group Head of Institutional at CMC Markets Connect, commented: 

“Peter has been a significant asset to the team since he joined us four years ago. This move from Sydney to Singapore will enable us to better serve the fast growing market in South East Asia, where we know clients and prospects alike put real value on the benefits of having staff with autonomy available locally to them.”

CMC Markets Connect serves institutional clients in several countries across the APAC region. Peter’s relocation aims to ensure that these customers are well supported and have access to his knowledge and understanding of physical equities.

Peter Foster, added: “Singapore is a vibrant city and is now undoubtedly seen as Asia’s leading financial hub. The decision to bolster the CMC Markets Connect team here will help us cement the company’s position as a leading provider of multi asset liquidity and comprehensive trading solutions across the region.”