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After a Decade at CMC Markets, Richard Elston Joins Edgewater Affiliate EWMP


Richard Elston has
joined EWMP Management Consulting as a strategy consultant, according to a
statement he shared on LinkedIn. EWMP is part of Edgewater Markets Group, which
provides institutional liquidity and execution services, with a focus on metals
and foreign exchange.

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Elston previously spent
more than a decade at CMC Markets
. Most recently, he served as Head of CMC
Markets Connect Middle East in Dubai. Prior to that, he was Group Head of
Institutional in London for over nine years.

Elston Leads Edgewater Dubai Expansion

The Dubai platform is
expected to expand across commercial, operational, and technology functions as
it progresses through regulatory approval. The local entity is undergoing
authorisation with the UAE’s Capital Markets Authority and is planned to become
a fully integrated part of the group.

Earlier in his career,
Elston held senior roles at IG Group and Saxo Bank. At IG, he was Head of
Institutional Sales in London.

Before that, he spent more than six years at
Saxo Capital Markets UK as Head of Institutional Sales. He joined Saxo Bank in
2006 as a senior sales manager covering Latin America and North America.

Edgewater Adds Maloney as Director

In a separate development within the
group’s UK structure, Matthew Maloney is listed as a director and CEO of
Edgewater Markets Group’s UK entity, reflecting his senior involvement in the
group’s UK operations.

He
previously spent ten years at Finalto Group
, where he held management roles
through a period of expansion from the CFH Clearing era into a global
institutional business. Finalto said his tenure included navigating multiple
market cycles and contributing to the firm’s long-term development before his
departure in 2025.

This article was written by Tareq Sikder at www.financemagnates.com.



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