CMC Markets has appointed Angela Hayward as head of corporate distribution in New Zealand, as the broker expands its capital markets division outside the UK. This move indicates the company’s efforts to establish a stronger presence in the region amid changing capital raising conditions.
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Expansion outside the UK
Hayward joins CMC CapX, the firm’s capital markets arm that connects companies raising money with investors across public and private markets.
CMC CapX sits within CMC Markets as a dedicated capital markets and private investment platform focused on raising capital and engaging investors, rather than leveraged trading.
First introduced in 2022, CMC CapX has also introduced tools such as the Spotlight service, which allows listed issuers to communicate directly with retail investors and expand shareholder reach.
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In contrast, CMC Markets’ core business remains trading and broking, offering CFDs, spread betting and stock brokerage 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 move into the Asia-Pacific region.
The platform aims to replicate its existing model by connecting issuers with institutional and wholesale investors. It also plans to adapt its distribution strategy to local market conditions.
Industry experience
Hayward has more than 30 years of experience in financial services. She previously worked for more than a decade at Bell Direct and spent more than seven years at E*TRADE. Most recently, she ran her own advisory firm, Hayward Wealth, where she advised companies in the financial sector. She also held a role at the Australian Bond Exchange, where she focused on affiliate partnerships in the fixed income markets.
last year, CMC Markets has indicated that it will move deeper into blockchain By hinting at the launch of the tokenized asset on its CMC CapX platform. The offering builds on its partnership with StrikeX Technologies to convert real investments, such as shares in private companies, into digital tokens on the trading platform. blockchain.
In addition, CMC Markets aims to simplify its structure in Singapore By merging its stockbroking entity with its main local unit, which currently offers CFDs, while continuing to operate the CMC Markets and CMC Invest platforms for the time being.
This article was written by Jared Kirroy at www.financemagnates.com.
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