Chris Cheverall Joins CMC Markets as MD, Head of Prime Services
CMC Markets, a London-based online brokerage, has appointed Chris Cheverall as Managing Director and Head of Prime Services.
About the Appointment
CMC Markets has appointed Chris Cheverall as its new Managing Director and Head of Prime Services.
Cheverall joins from Maybank, where he served as Head of Institutional Prime Sales (Europe) in London. His career includes senior roles at Morgan Stanley, Religare Capital Markets, Tradition, and IFX Markets.
This appointment follows CMC Markets’ strategic decision last year to relocate a significant portion of its institutional and prime services, under the CMC Connect brand, from London to Dubai.
What Does It Mean?
Here is what it means for users.
More Institutional Offerings
With Cheverall’s background in prime sales from leading firms like Maybank and Morgan Stanley, institutional users can expect a wider range of services, including better access to financial products and more tailored trading solutions, especially in Contracts for Difference (CFDs) and other prime services.
Improved Liquidity and Trading Options
His experience in managing institutional sales is likely to result in improved liquidity for large-scale traders, meaning faster execution of trades, better pricing, and access to deeper markets. This can benefit both institutional and retail clients through more seamless trade flows.
Increased Platform Development
The combination of Cheverall’s leadership and the Dubai relocation could drive further technological enhancements. This could improve trading platform performance for both institutional and retail users, providing a smoother and more responsive trading experience.
About CMC Markets
CMC Markets is a prominent global financial services company specializing in online trading and institutional technology solutions. Founded in 1989 by Peter Cruddas, CMC Markets operates in several countries across Europe, Asia-Pacific, and North America. The company provides access to trade various financial instruments, including, Indices, Commodities, Cryptocurrencies, Shares, and more.
Way Ahead
The appointment of Chris Cheverall as Head of Prime Services positions CMC Markets for continued growth in the institutional trading sector. With Cheverall’s extensive experience in prime services and institutional sales across Europe, the company is well-positioned to enhance its prime services offering, particularly through its CMC Connect brand. Additionally, the company’s focus on expansion and operational efficiency is expected to strengthen its market position and attract a broader institutional client base.Want to promote your brand on our page? Contact us.
