Finance Feeds logo

CMC Markets announces issue of equity

Maria Nikolova

The company has issued 904,395 new ordinary shares of 25p each to satisfy vesting of awards under the Group’s Management Equity Plan 2015.

CMC Markets plc, (LSE: CMCX, “CMC” or the “Group”), a leading provider of online retail trading, announces that it has issued 904,395 new ordinary shares of 25p each to satisfy vesting of awards under the Group’s Management Equity Plan 2015.

Application has been made for the 904,395 new ordinary shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market for listed securities. It is expected that trading will commence on 15 February 2018. These shares will rank pari passu with the existing issued shares of the Group.

At admission the issued share capital of the Group will consist of 289,008,354 ordinary shares. The total number of voting rights in the Group will therefore be 289,008,354. This figure may be used by shareholders as the denominator to determine if they are required to notify their interests in, or a change to their interest in, the Group under the Disclosure and Transparency Rules.

Subscribe

Read this next

Institutional FX

LiquidityBook launches LBX PMS 2.0 after acquiring Messer

With this rollout, LiquidityBook aims to meet the diverse requirements of its clientele, ranging from startup hedge funds and asset managers to broker-dealers and outsourced trading desks.

Institutional FX

Celoxica enters Australia to offer low latency market data and execution services in APAC

“There is a significant opportunity to deliver fast and efficient market access to APAC financial market participants, including trading firms, brokers, exchanges, and service providers. I am eager to extend our reach in this crucial market.”

Institutional FX

Cboe to launch four new Credit Volatility Indices (Credit VIX)

“The Credit VIX Indices are expected to provide new clear signals on bond market sentiment, and act as a new barometer of corporate credit risk in North America and Europe.”

Executive Moves

TradeZero hires Leo Ciccone as Chief Compliance Officer (CCO) for TradeZero Canada

“Leo brings to TradeZero broad and comprehensive experience coupled with deep business and regulatory relationships that will assist us in ensuring we meet and exceed industry best practices and to further our growth initiatives going forward,”

Institutional FX

Apex launches fractional fixed income trading for retail investors

“The ability for people – and not just high net-worth investors – to easily add fixed-income and diversify their portfolios is a game-changer.”

Institutional FX

MarketAxess launches Open Trading for EM local currency bonds

In an era where diversification and hedging against market risks have become imperative, this new feature could very well serve as a linchpin for international investors looking to diversify their fixed-income portfolios with EM local currency bonds.

Industry News

CFTC Chair Behnam’s keynote speech at FIA Expo 2023 focused on FX and Crypto frauds

Over the past fiscal year, the CFTC has levied more than $6 billion in monetary relief through various enforcement actions. The agency is also moving against entities falsely claiming to be CFTC-registered futures commission merchants (FCMs) and registered foreign exchange dealers (RFEDs).

Market News

Australia’s Trilateral Economic Ties with the US and China

Australia’s leading stock market index, the S&P/ASX 200, has been on a downward trend for the past three weeks. From a technical perspective, the price still remains in a consolidation, but the occurrence of lower highs indicates increasing selling pressure, and potentially a descending-triangle.

Digital Assets

Mirror Trading victims to recover 50%-60% of their money back

The liquidators overseeing the Mirror Trading International (MTI) pyramid scheme said they could start returning funds to victims once they receive a court ruling on how to handle claims.

Mirror Trading
<
✖