The new Head of Equity Platform Sales will try to grow the broker's hedge fund business. : CMC Markets announced the appointment of Malcolm Ford to its institutional division this Tuesday. According to a statement released by the broker, Ford will be working as Head of Equity Platform Sales and will focus his efforts on developing the company’s hedge fund business. “The hedge fund industry is evolving quickly,” said Richard Elston, Head of Institutional at CMC Markets. “Growth is being seen amongst the smaller, agile funds, but many are struggling to find high quality liquidity through traditional channels.