Richard Elston has joined EWMP Management Consulting as a strategy consultant, according to a statement he shared on LinkedIn. EWMP forms part of Edgewater Markets Group, which provides institutional liquidity and execution services with a focus on metals and foreign exchange.
Elston moves to EWMP after spending more than a decade at CMC Markets. Most recently, he served as Head of CMC Markets Connect Middle East in Dubai. Before relocating to the Middle East, he was Group Head of Institutional in London for over nine years, overseeing institutional activities within the firm.
The Dubai platform of Edgewater Markets Group 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 once approvals are secured.
Elston’s previous positions
Earlier in his career, Elston held senior roles at IG Group and Saxo Bank. At IG, he was Head of Institutional Sales in London. Prior to that, he spent more than six years at Saxo Capital Markets UK as Head of Institutional Sales. These roles have focused on institutional client segments and sales leadership within the trading and brokerage sector.
Developments within Edgewater’s UK structure
In a separate development within Edgewater Markets Group’s UK structure, Matthew Maloney is listed as a director and CEO of the group’s UK entity. Maloney previously spent ten years at Finalto Group, where he held management roles during a period of expansion from the CFH Clearing era into a global institutional business.
Together, Elston’s appointment at EWMP Management Consulting and Maloney’s role within the UK entity highlight ongoing developments across Edgewater Markets Group’s regional operations, including its planned Dubai expansion and existing UK framework.
