FNG Exclusive… FNG has learned that Australia based Retail FX and CFDs broker TMGM has hired longtime Fullerton Markets executive Rainer Phua, to become Head of Liquidity Management for TMGM. He will continue to be based out of Singapore for TMGM.

Rainer Phua spent the past nine years with Fullerton Markets, an offshore broker managed mainly from Singapore which targets primarily Far East based clients, serving as Head of Risk Management for Fullerton since 2016. Prior to his time at Fullerton he worked for two years at Blackwell Global as a Risk Management Analyst.

TMGM is an ASIC licensed broker, and also operates offshore entities under the same brand domiciled in Vanuatu and in Mauritius. The group focuses mainly on the Chinese-speaking client market.