Christopher Forbes, CMC Invest Singapore
Christopher Forbes, CMC Invest Singapore
1 June 2023
Under the Radar: CMC Invest on its Singapore’s platform; Retail investment landscape post-pandemic boom; Competition and pricing strategy; Uncertain economic climate and need for an educational approach; Goals and expansion plans
The retail investment landscape in the region is in focus today as we look at how industry players are tapping growing numbers of retail investors during the pandemic.
Our guest for today is from financial services firm CMC Markets, which serves over 80,000 clients globally in areas such as equity, commodities and indices trading.
The firm is present in a number of geographies including Singapore, Sydney, Toronto and across Europe.
More recently, the London-listed firm has launched a new online and mobile trading platform called CMC Invest in Singapore as part of efforts to diversify and expand its geographical reach.
But how exactly does this platform help bring the company closer to the retail investing community? And on what basis will CMC Invest compete with other industry players?
Also, how does the firm intends to retain retail investors after the pandemic boom?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Christopher Forbes, Head of CMC Invest Singapore for more.
Download this podcast.
Listen to his previous podcasts:
8 March 2023
Market View: Cosco Shipping International’s JV with Supply Fortune to invest in logistics infrastructure assets; Lian Beng’s new construction project bumps order book in Singapore to S$2.1b; Fed Chair Jerome Powell’s testimony before the Senate Banking Committee; Exchange with Senator Elizabeth Warren on impact of hikes on unemployment
Singapore shares started the day in the negative territory, after interest rate hike fears spread across global markets overnight.
The Straits Times Index (STI) was down 0.3 per cent in early trade to 3,235.95 points after 186.9 million securities changed hands.
Some companies seeing new developments include Cosco Shipping International, which formed a joint venture with its associate, Supply Fortune, to invest in logistics infrastructure assets.
Meanwhile, investors continue to sieve through details from US Federal Reserve Chair Jerome Powell’s hawkish comments before the Senate Banking Committee.
On Market View, the Drive Time team sieved through the details with Christopher Forbes, Head of CMC Invest Singapore.
Download this podcast.
8 February 2023
Bigger Picture: AI chatbot race heats up
Christopher Forbes, Head of CMC Invest Singapore, discusses Microsoft's announcement that it will be integrating ChatGPT technology into its Bing search engine, and Edge browser - plus plans to let other companies create their own chatbots with the technology. He discusses how much of a threat this will be for Google, as well as other post-Covid trends investors can focus on this year.
Download this podcast.