Since CMC markets floated on the LSE in Feb last year the CMC shar eprice has risen around 15%. As reported earlier in the month pre-tax profits were up to £53.4m to March 31, up 23% from last year.
Revenues were up 18% to £169.4m with just under 58,000 (up 14%) active traders (a little less than competitor IG who claim to have around 138,000 active customers). CMC claims that the average client generates around £2,800 revenue per client from spreads, commission and financing costs.
CMC has always been one of the most innovative brokers and has recently launched a binary options offering to cater for clients that want to place quick fire limited risk bets on short term price movements.