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BUX’s Nathan Sage Joins CMC Markets as Equities Risk Trading Manager

Started by forex4you, Oct 22, 2022, 12:07 pm

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BUX's Nathan Sage Joins CMC Markets as Equities Risk Trading Manager

<p>CMC Markets, a London-headquartered
brokerage group, has hired Nathan Sage as its Equities Risk Trading Manager.</p><p>The executive announced his appointment with CMC Markets on Thursday in an update to his LinkedIn profile.</p><p>Sage, who has over seven years of trading
experience in FX, spreadbetting and contract for difference (CFD) markets, was
previously a Senior Trader at the Amsterdam-headquartered European neobroker, BUX.</p><p>He departed BUX, where he first worked as
a Trader and later Senior Trader, after a four-year career stay that started in July
2018.</p><p>Sage's foray into the forex and CFDs industry started in January 2015 when he joined PhilipCapital UK, a forex and
CFD provider, as a Derivatives Dealer for Forex and CFDs.</p><p>Recent Reshuffles at CMC Markets</p><p>CMC Markets' choice to hire Nathan Sage is one
of several executive decisions the broker has made this year.</p><p>In September, the broker <a href="">tapped Michael Bogoevski</a>, the overseer of its Singaporean office, to become its Head of Distribution in the Asia
Pacific region and in Canada.</p><p>Bogoevski joined the brokerage firm in
September 2013 as the Head of Sales Trading for APAC and Canada.</p><p>Additionally, in July, CMC Markets <a href="">appointed Kim Ljung Anderson</a>, a
former Director of Saxo Advanced Solutions at Saxo Bank, as its Head of
Institutional Products Solutions.</p><p>Earlier in June, Sam Horowitz, who advised
CMC Markets on their wholesale expansion plan, <a href="">joined the brokerage</a> as the
Head of FX Distribution and Liquidity Management.</p><p>Market Performance</p><p>Meanwhile, Finance Magnates reports that CMC Markets
is <a href="">expecting positive growth</a> in its
half-year (H1) performance for its fiscal year 2023 (FY23).</p><p>Earlier this month, the brokerage group
disclosed in its H1 2023 pre-close trading update that it was expecting
approximately £153 million in net operating income for the first six months of its FY23 which ended in September 2022. </p><p>Though, the figure represents a 21% year-over-year
growth for the group.</p><p>CMC Markets serves retail and institutional clients across 12
countries, including the UK, Australia, Germany and Singapore.</p>

This article was written by Solomon Oladipupo at

Source: BUX's Nathan Sage Joins CMC Markets as Equities Risk Trading Manager
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