CMC Markets PLC (LSE:CMCX) shares dropped 13 percent to 233p in Wednesday’s trading after the firm reported results for the first half of its fiscal year 2023, which came in line with expectations.
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CMC Markets PLC (LSE:CMCX) shares spiked 5.6 percent to 235p in Thursday’s trading after the firm’s trading update for the first half of its fiscal year 2023 revealed results at the high end of company projections.
CMC Markets has promoted its long-serving executive Michael Bogoevski as its head of APAC and Canada distribution.
“Backing the team for another three years contributes to CMC Markets’ history of supporting talented Kiwis who strive for success in their chosen fields, and we’re excited to see what the 2023 and beyond seasons hold for the iconic Kiwi sports team.”
Shares in CMC Markets lost nearly 25% of their value after the spread betting and online trading company warned on higher costs, prompting analysts to slash their earnings forecasts.
CMC Markets reported a drop in revenues and customer income for the financial year 2022 as the market environment stabilised following a period of high volatility after the Covid-19 hit.
“CMC’s focus on delivering an enhanced investor experience led us to examine what role open banking could play in supporting our digital strategy.”
CMC Markets Invest has secured Canstar’s national award for ‘Broker of the Year’ for the twelfth consecutive year.
CMC Markets PLC (LSE:CMCX) today published a trading update covering the three months from January 1, 2022 to March 31, 2022 – the fourth quarter of its fiscal year. The release of interim results comes ahead of the announcement of its full year results, scheduled for June 9, 2022.
CMC Markets Connect, the institutional business arm of UK’s biggest spread better, has introduced a series of SONIA Index Futures as the benchmark contract to manage Sterling interest rate risk.
CMC Markets PLC (LSE:CMCX) today commences the £30 million share buyback program announced earlier this month and expects to complete the transaction before the end of June 2023.
CMC Markets PLC (LSE:CMCX) today released a statement that it will soon be buying back an unspecified number of its issued ordinary shares, valued at nearly £30 million, or 4.2 percent of the company’s current outstanding shares.
Integral has recently launched CFD Prime, a centrally cleared platform for contracts for differences that reduces transacting costs and offers direct access to leading CFD market makers through a single credit and technology relationship.
CMC Markets Connect, the institutional business arm of UK’s biggest spread better, has appointed Johan Koo as an institutional sales manager.
CMC Markets PLC (LSE:CMCX) today published a trading update covering the three months to the end of December 2021 – the third quarter of its fiscal year.
Sydney-based business of CMC Markets has appointed Johan Koo to a senior sales role within its institutional operations. He joins the group’s institutional arm, which provides a bespoke brokerage service for banks, brokers, funds and trading desks, with immediate effect.
CMC Markets reported a drop in revenues and customer income for the April-September period as the market environment stabilised following a period of high volatility after the Covid-19 hit.
The new UK investment platform will be launched next year and will feature investment products, shares, tax wrappers, and third party funds in its offering.
ANZ Share Investing clients will benefit from lower brokerage charges across four major international markets and the local Australian market, according to CMC Markets.
