CMC Markets has appointed Angela Hayward as Head of
Corporate Distribution for New Zealand, as the brokerage expands
its capital markets division beyond the UK. The move signals the firm’s effort
to establish a stronger presence in the region amid changing capital raising
conditions.
Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!).
Expansion Beyond the UK
Hayward joins CMC CapX, the firm’s capital markets arm
that connects companies raising funds with investors across public and private
markets.
CMC CapX sits inside CMC Markets as a dedicated capital
markets and private investments platform that focuses on capital raising and
investor engagement, rather than leveraged trading.
First rolled out in 2022, CMC CapX has also introduced tools such as
Spotlight service, which allows listed issuers to communicate directly with
retail investors and broaden their shareholder reach.
Keep reading: CMC Markets Adds Weekend Gold CFDs, Builds on 24/5 US Equities Rollout
By contrast, the core CMC Markets business remains centred
on trading and brokerage, offering CFDs, spread betting and stockbroking across
thousands of instruments to retail and institutional clients on its trading
platforms.
Notably, CMC CapX has so far focused on the UK market. But the expansion
into Australia and New Zealand marks its first major step into the Asia-Pacific
region.
The platform aims to replicate its existing model by linking
issuers with institutional and wholesale investors. It also plans to adapt its
distribution strategy to local market conditions.
Industry Experience
Hayward brings more than 30 years of experience in financial
services. She previously worked for over a decade at Bell Direct and spent more
than seven years at E*TRADE. Most recently, she ran her own consultancy, Hayward Wealth,
advising firms across the financial sector. She also held a role at Australian
Bond Exchange, where she focused on affiliate partnerships in fixed income
markets.
Last year, CMC Markets signaled that it would move deeper into blockchain by hinting at the launch of tokenised assets on its CMC CapX
platform. The offering is based on its partnership with StrikeX Technologies to
convert real-world investments, such as shares in private companies, into
digital tokens on the blockchain.
Additionally, CMC Markets aims to simplify its Singaporestructure by merging its stockbroking entity with its main local unit, which
currently offers contracts for differences, while continuing to operate both
the CMC Markets and CMC Invest platforms for now.
This article was written by Jared Kirui at www.financemagnates.com.
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