CMC Markets has announced the appointment of Kurt Mayell as the new head of CMC Markets Singapore as part of the company’s strategic move to bolster its presence in the Asia-Pacific region. Mayell’s role will focus on steering the expansion of the Singapore branch, particularly in the realm of Contracts for Difference (CFD) businesses, which are regulated by the Monetary Authority of Singapore.

Kurt Mayell brings a wealth of experience to his new position. Beginning his professional journey as an Investment Analyst at Dixon Advisory in Australia, Mayell then assumed the role of Managing Director at Brixwell Group, a Sydney-based mortgage and investment company.

CMC Markets Appoints Kurt Mayell to Head Singapore Expansion

Prior to his current role, Mayell served as a Senior Sales Trader with CMC Markets APAC and Canada, showcasing his expertise in the intricacies of the forex market. He joined APAC CMC Markets in October 2013 as a Premium Client Associate (Acquisitions) and subsequently transitioned to the trading and quantitative strategy department for the Equity Hedging Desk.

Expressing his views on the new appointment, Kurt Mayell, now the CEO of CMC Markets Singapore, stated, “My role promotes stock marketing by implementing a total business strategy. As a team, we understand the vision and can explore opportunities large and small to improve the business and offerings. It underscores our continued commitment to strengthening and meeting the retail and investment needs.”

As the newly appointed CEO of CMC Markets Singapore, Mayell’s focus on implementing a comprehensive business strategy underscores the company’s commitment to meeting the diverse needs of retail and investment clients. This move positions CMC Markets as a dynamic and responsive player in the ever-evolving landscape of global finance.

CMC Markets’ decision to bring Kurt Mayell onboard highlights its dedication to navigating and capitalizing on the dynamic financial landscape of the Asia-Pacific region, reinforcing its position as a key player in the forex and CFD markets.

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