Full Year Results 

CMC beats expectations

CMC beats expectations

Given the incoming regulatory restrictions on the marketing and sale of spread betting products, CMC Markets' (CMCX) strategy of increasing the proportion of professional and high-value clients seems sensible. The contracts for difference (CFD) provider grew the proportion of premium clients – who had an average transactional value of £30,000 in 2018 – to 10 per cent of the active total last year. The value of institutional trades also increased by half, pushing up revenue from this segment to £31m.  

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now