Profits fall for CMC Markets despite pandemic trading boom November 17, 2021 Financial services CMC Markets reported disappointing results, despite its lockdown success and confident talk of a company split.
Shareholder payday on the horizon? Lord Cruddas’ CMC Markets mulls split November 14, 2021 Tory peer Lord Cruddas is reportedly looking into splitting up his CMC Markets into two London-listed firms. The separation could be announced within days, Sky News’ Mark Kleinman reported, creating a leveraged trading business as well as a non-leveraged technology and investment products platform. The move could see shareholders, including Lord Cruddas with his 62.5 [...]
Trading platform CMC sees customer base grow after record surge last year July 29, 2021 Online trading platform CMC has forecast its net operating income to exceed £330m for its upcoming full-year results after client numbers have lifted in the past few weeks. Monthly active clients were up around a third from pre-pandemic levels in the weeks to 30 June 2021 but remain at similar levels as reported in its [...]
CMC Markets predicts better-than-expected operating income for 2020 March 25, 2021 CMC Market has suggested its predicted operating income for 2020 could be higher than expected, after reporting a strong performance in the final quarter of its financial year. In a market update today, the online trading and B2B platform said that following strong performance, net operating income for the financial year was likely to be [...]
CMC Markets continues winning streak during pandemic following record results January 20, 2021 CMC Markets performed well in the third quarter of its 2021 financial year, though numbers were down slightly following a bumper start to the year. Client retention in Q3 2021 stood in excess of 80 per cent, but below levels reported in H1 2021. In the year so far the online trading and B2B platform [...]