CMC to launch in N America

Josh Levy joins the UK-headquartered firm as president of the new operation, which launches on July 4.

"The US represents a key market for the group," said Levy, "and our aim is to bring FX to a more mainstream audience. Foreign exchange trading can be a highly valuable weapon in a trader’s armoury, even when they traditionally hold a portfolio that is predominately equity based."

Although CMC has not previously had an office in the US, nor has it marketed its services in the region, it did h