CMC Markets making a habit of outperforming expectations

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  • CMC Markets says monthly active client base remains strong
  • CMC Markets has “a massive investment programme and lots of opportunities”
  • High end clients and online stability underline CMC Markets record results
CMC Markets PLC -

Quick facts: CMC Markets PLC

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CMC Markets Plc was established in 1989 and is now listed on the London Stock Exchange. The company is one of the world’s leading online financial trading businesses serving retail and institutional clients through regulated offices and branches in 13 countries, with a significant presence in the UK, Australia, Germany and Singapore. CMC Markets offers an award-winning, online and mobile trading platform, enabling clients to trade almost 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference and financial spread bets (in the UK and Ireland only). CMC Markets plc’s shares are listed on the London Stock Exchange (CMCX).

10 Jun 2021

() remains confident of achieving net operating income in excess of GBP330mln in the current financial year.

The online trading platform operator said in its results statement for the year to the end of March 2021 that its monthly active client base has remained strong, although client trading activity has come off the boil a little.

The year just ended was a record one for the group, with net operating income soaring 63% to GBP409.8mln from GBP252.0mln the year before.

Profit before tax more than doubled to GBP224mln from GBP98.7mln the previous year.

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25 Mar 2021

(LON:CMC) said net operating income in the year to the end of March is set to be slightly above market forecasts.

The online trading platform operator said the entire business has continued to perform very strongly during 2021, with ongoing strength in the acquisition and retention of contracts for difference (CFD) and stockbroking active clients and higher levels of client trading activity versus regular trading periods. In addition, client income retention remained well in excess of 80% albeit below the levels reported for the first half of the current fiscal year. as previously guided.

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26 Jan 2021

(), the online trading platform operator, has selected Amazon Web Services (AWS) to speed up the next phase of its digital transformation.

The adoption of AWS will provide the agility, security, and resilience for CMC Markets to deliver on its ambitious product development pipeline, the company said.

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15 Jul 2020

As an operator of a trading platform, () does not give investment advice to its customers.

Founder and chief executive Peter Cruddas, however, has no hesitation in offering advice to investors at large about his company’s own shares.

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10 Jun 2021

While the founder and chief executive of () has recently become Lord Peter Cruddas of Shoreditch, Cruddas ‘CEO’ remains focused on the expansion of his online trading and institutional platform technology solutions.

The full year results from the FTSE 250 company reveal a record year and a new cohort of lockdown engaged clients that Cruddas is confident will remain and become long standing, loyal customers.

Cruddas tells Proactive London, that he tips his velvet gown and baronial crown to the impeccable service and stable online continuity provided by the business during lockdown which is testimony to ongoing investment in the underlying technology.

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