Matthew Maloney
Matthew Maloney

CFH Clearing looks to increase global market share

Matthew Maloney, CFH Clearing’s new CEO talks to e-Forex about his role at the helm of the rapidly growing Prime of Prime brokerage.

What experience do you bring to your new role as CEO of CFH Clearing?

Before being promoted to CEO of CFH Clearing, I was CFO of the CFH Group. I have an in-depth understanding of all aspects of the CFH business and was heavily involved in the Playtech acquisition transaction. I am a qualified Chartered Accountant, having begun my career at PwC and have worked at a wide range of organisations in the financial services sector from The London Stock Exchange through to Moneycorp. I believe I bring a fresh perspective when looking at the FX industry which is invaluable in my new role where I am now responsible for the day-to-day management of CFH Clearing and overseeing all regulatory activities.

What are your main priorities in your new role?

I am keen to harness the power of the collective abilities within CFH, ensuring that we maximise opportunities to work collaboratively.  My acute focus will be on client servicing and being responsive to customer needs, no matter where in the world our clients are based.

I also want to play a major role in helping CFH to increase our global market share. We have such a credible offering and exceptional resources in terms of our technology and infrastructure that we now need to look at opportunities to broaden our product offering and open offices in new locations. We are already beginning to do this – for example, with the launch of our recent Bitcoin liquidity offering and a new office in Singapore, which will be opening in 2018, headed up by Alex Mackinnon who has been appointed as CFH Systems’ Head of Asia.

What do you consider to be the main benefits to CFH clients of the Playtech acquisition?

Playtech is a very supportive and experienced owner. Their investment and expertise has enabled us to work more rapidly to grow our product offering and increase the speed of our development work. We will be making a number of announcements over the coming months about developments which would not have been possible without the resources of Playtech. 

We are in a really strong position now that we are part of TradeTech Group, Playtech’s Financials Division.We have the resources of a $4 billion market capital organisation but the agility and enthusiasm of a smaller, independent business and I believe we really stand out for the quality of our people and the quality of our offering. As we evolve, we want to continue to attract and develop the best talent in the industry and are very much focused on pushing boundaries and leading the industry.

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