Skale, a provider
of CRM and client portals for forex brokers, has integrated its services with
CMC Markets Connect’s multi-asset trading solution. This integration offers CMC
Markets’ institutional clients access to Skale’s customizable back office, CRM,
multi-layered IB portal, and traders’ area. According to the press release sent
to Finance Magnates the move responds to substantial client demand.
The
collaboration between Skale and CMC Markets Connect is centered around
equipping clients with tools for higher efficiency and streamlined operations.
Skale’s platform offers over 100 plug-ins in the FX market, such as trading
platforms, KYC tools, marketing tools, and business intelligence tools.
Ahmed Soliman
“We
are delighted to have integrated with Skale and incorporated them into the
Connect platform. This recent partnership will allow our clients, especially
our white label relationships, to scale their business further by streamlining
operational requirements,” Ahmed Soliman, the Head of Institutional Sales
& Account Management Middle East at CMC Markets, expressed his enthusiasm about
the integration.
CMC Markets
Connect delivers liquidity to a global institutional client base, including
banks, brokerages, funds, and dealing desks. Through a single connection,
clients can access multiple asset classes worldwide. CMC Markets made the
decision to rebrand and establish a separate institutional unit in early 2021. Richard
Elston, the CMC Markets Group Head of Institutional, commented on the move: “this positioning enables us to work with new types of clients as
the business continues to develop.”
Skale’s
Founder & CEO, David Nussbaum, echoed Soliman’s sentiments. In his opinion,
the newest integration builds on Skale’s strategy of integrating with
market-leading trading platforms.
David Nussbaum
“CMC Markets is recognised worldwide as
an industry leader and we are thrilled that their institutional clients can now
benefit from accessing our robust, flexible and secure platform which
integrates all the tools they need to manage their trades, automating business
processes and driving operational efficiencies,” Nussbaum added.
CMC Markets Connect
Expands Operations in the Middle East
The company
recently expanded its presence in the United Arab Emirates (UAE) by upgrading
its Dubai office, marking the initial phase of its regional expansion plans.
According to a statement shared with Finance Magnates, CMC Markets will
leverage existing talent from the division to oversee the expanded operations.
In
addition, CMC Markets disclosed its intention, subject to regulatory approval,
to introduce a cash equities product suite to its institutional clients, expanding
its current offerings of currencies and commodities.
Furthermore,
the provider of white label and liquidity trading solutions announced the
relocation of Peter Foster, the Institutional Sales APAC, from the Sydney
office to the company’s regional hub in Singapore.
This move
follows a series of executive appointments in 2022. Kim Ljung Anderson was
appointed as the Head of Institutional Product Solutions at CMC Markets Connect
in June 2022. Previously, Anderson held the position of Director of Saxo
Advanced Solutions at Saxo Bank for over 18 years. Additionally, Sam Horowitz
has joined CMC Markets Connect as the Head of FX Distribution and Liquidity
Management, strengthening the company’s institutional arm. Previously, Horowitz
served as an advisor for the brokerage’s wholesale expansion.
Skale, a provider
of CRM and client portals for forex brokers, has integrated its services with
CMC Markets Connect’s multi-asset trading solution. This integration offers CMC
Markets’ institutional clients access to Skale’s customizable back office, CRM,
multi-layered IB portal, and traders’ area. According to the press release sent
to Finance Magnates the move responds to substantial client demand.
The
collaboration between Skale and CMC Markets Connect is centered around
equipping clients with tools for higher efficiency and streamlined operations.
Skale’s platform offers over 100 plug-ins in the FX market, such as trading
platforms, KYC tools, marketing tools, and business intelligence tools.
Ahmed Soliman
“We
are delighted to have integrated with Skale and incorporated them into the
Connect platform. This recent partnership will allow our clients, especially
our white label relationships, to scale their business further by streamlining
operational requirements,” Ahmed Soliman, the Head of Institutional Sales
& Account Management Middle East at CMC Markets, expressed his enthusiasm about
the integration.
CMC Markets
Connect delivers liquidity to a global institutional client base, including
banks, brokerages, funds, and dealing desks. Through a single connection,
clients can access multiple asset classes worldwide. CMC Markets made the
decision to rebrand and establish a separate institutional unit in early 2021. Richard
Elston, the CMC Markets Group Head of Institutional, commented on the move: “this positioning enables us to work with new types of clients as
the business continues to develop.”
Skale’s
Founder & CEO, David Nussbaum, echoed Soliman’s sentiments. In his opinion,
the newest integration builds on Skale’s strategy of integrating with
market-leading trading platforms.
David Nussbaum
“CMC Markets is recognised worldwide as
an industry leader and we are thrilled that their institutional clients can now
benefit from accessing our robust, flexible and secure platform which
integrates all the tools they need to manage their trades, automating business
processes and driving operational efficiencies,” Nussbaum added.
CMC Markets Connect
Expands Operations in the Middle East
The company
recently expanded its presence in the United Arab Emirates (UAE) by upgrading
its Dubai office, marking the initial phase of its regional expansion plans.
According to a statement shared with Finance Magnates, CMC Markets will
leverage existing talent from the division to oversee the expanded operations.
In
addition, CMC Markets disclosed its intention, subject to regulatory approval,
to introduce a cash equities product suite to its institutional clients, expanding
its current offerings of currencies and commodities.
Furthermore,
the provider of white label and liquidity trading solutions announced the
relocation of Peter Foster, the Institutional Sales APAC, from the Sydney
office to the company’s regional hub in Singapore.
This move
follows a series of executive appointments in 2022. Kim Ljung Anderson was
appointed as the Head of Institutional Product Solutions at CMC Markets Connect
in June 2022. Previously, Anderson held the position of Director of Saxo
Advanced Solutions at Saxo Bank for over 18 years. Additionally, Sam Horowitz
has joined CMC Markets Connect as the Head of FX Distribution and Liquidity
Management, strengthening the company’s institutional arm. Previously, Horowitz
served as an advisor for the brokerage’s wholesale expansion.