CMC Markets promotes Michael Bogoevski as Head of Distribution for APAC and Canada. He previously served as Head of Sales Trading for the same region.

UK broker CMC Markets has promoted Michael Bogoevski as Head of Distribution for APAC and Canada. Recently, the company also released its trading volume report for the 2022 financial year, with total revenue reaching £281.9 million. Unfortunately, the broker's profit decreased by 59%.

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On his LinkedIn account, Bogoevski wrote:

I’m happy to share that I’m starting a new position as Head of Distribution APAC and Canada at CMC Markets APAC & Canada!

Associated with CMC Markets since September 2013, Bogoevski has spent more than 9 years in executive positions. Bogoevski initially served as Head of Sales Trading for the APAC region and Canada at CMC Markets, then was appointed Head of Singapore 4 years later. After that, he spent 4 years in this role before being promoted again.

Prior to that he also worked at the BaFin-regulated firm as part of the broker's Institutional Business Development team, dealing with wholesale stock and derivatives brokers such as options, FX, and CFDs. So hardly surprising that with more than 24 years of experience, Bogoevski is arguably a veteran in the trading industry. He started his career in 1998 as a Junior Quantitative Analyst at Rand Merchant Bank. He also held the position of Financial Engineer at the Société Générale for several years.