The group expects to report a net operating income of between 290 million pounds and 310 million pounds for the current financial year. The announcement drove the price of the CMC stock upwards by 11% to £147.
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“AQMetrics has proven to be an exceptional partner, providing CMC Markets with a full spectrum of technology solutions, including a host of valuable extra features that significantly enhance our MiFID II Transaction Reporting capabilities. In our pursuit of excellence, technological innovation is a cornerstone.”
“My job is to implement our overarching business strategy, fostering a shared understanding of our vision within the team, and actively exploring both significant and minor opportunities to improve our business and offering. This ensures our continuous commitment to elevating and catering to the trading and investment needs of our valued customers.”
CMC Markets PLC (LSE:CMCX) shares jumped by as much as 25% on Monday after the broker announced an increase in its annual operating income forecast, citing a recent uptick in market volatility as a key driver.
CMC Markets PLC (LSE:CMCX) has released its interim results for the half-year ended 30 September 2023, revealing a mixed financial performance amid challenging market conditions.
“Albert has a deep knowledge of the group which will support the execution of our diversification strategy. We have worked closely with Albert as he has developed the CMC Invest business, and I look forward to working with him as a board member.”
CMC Markets PLC (LSE:CMCX) warned of subdued financial markets and lower trading volumes in the second quarter of its fiscal year 2024. The listed broker joins other UK platforms complaining of a slowdown in market activity, which has compounded the effect of the regulatory crackdown.
“We continue to expand our extensive network of fix connectivity partners, allowing us to rapidly scale our wholesale non-bank FX market-making business. By partnering with Lucera, our liquidity offering is now available in the vast majority of places where our current and future clients might wish to meet us.”
“Our clients value an interactive payment method and one which can deliver near real-time payments. Open Banking delivers this for CMC in the UK market and in Europe where clients can use Instant SEPA. We’re excited to work with TrueLayer and look forward to working with them as they expand geographically.”
CMC Markets PLC (LSE:CMCX) warned of subdued financial markets and lower trading volumes in the first quarter of its fiscal year 2024. The listed broker joins other UK platforms complaining of a slowdown in market activity, which has compounded the effect of the regulatory crackdown.
Award Year: 2023 Category: Institutional Nomination: Outstanding FX Liquidity Provider, Outstanding CFD Liquidity Provider Contact CMC Markets Connect VISIT WEBSITE CMC Markets Connect provides sculpted liquidity to a global institutional client base of banks, brokerages, funds and dealing desks. Our continuous innovation and investment in trading technology means that we are able to respond consistently […]
“This recent partnership will allow our clients, especially our white-label relationships, the ability to scale their business further by streamlining operational requirements. Recently regulated in Dubai, we are thrilled that our first client to use Skale technology will be based out of the region.”
CMC Markets is parting ways with its long-standing chief financial officer, Euan Marshall, who will resign in January 2024 to join rival IntegraFin.
CMC Markets PLC (LSE:CMCX) reported flat growth in revenues and customer income for the financial year 2023 as the market environment stabilised following a period of high volatility during the Covid-19 pandemic.
“This is a major strategic investment in the growing Web 3.0 technology space of which StrikeX Technologies gives us access to the very best technology and advancements. StrikeX is a brilliant, young dynamic company, with a very talented team that has its finger on the pulse of fast moving technologies.”
CMC Markets PLC (LSE:CMCX) today announced the ‘soft launch’ of its new online and mobile trading platform, “CMC Invest”, in Singapore.
“The UAE is fast establishing itself as the next global financial hub, with its location being ideal for multinational companies such as ourselves to support operations both in European and Asian markets.” – Richard Elston, Group Head of Institutional at CMC Markets Connect.
CMC Markets PLC (LSE:CMCX) said in a trading update for the fiscal year 2023 that February and March posed a more challenging environment with lower equity volumes and a higher proportion of lower margin institutional trading activity.
“This initiative seeks to empower young women with insights on how they can gain a financial head start and safeguard themselves from commonly made financial mistakes.”