CMC Markets PLC (CMCX.L)
25 Jun 2019
June 6 Online trading firms CMC Markets Plc's annual profit before tax crumbled to roughly a tenth of what it reported a year earlier, as regulatory curbs on highly leveraged betting and lower market volatility hit retail brokers.
Shares in CMC Markets slid more than 10 percent to a record low on Wednesday after the online trading firm forecast a drop in income in the year to March as new rules curbed client activity, and its finance chief decided to depart.
* Interactive graphic on CMC Revenue Per Client: https://tmsnrt.rs/2V4PeK6
Feb 22 Online trading platform CMC Markets Plc on Friday forecast a bigger fall in fourth-quarter revenue for the unit that offers complex financial products to retail clients in the face of tighter rules by European regulators.
Feb 22 Online trading platform CMC Markets Plc forecast a bigger fall in fourth-quarter revenue from contracts-for-difference (CFD) in the face of tighter rules by European regulators on offering complex financial products to retail clients.
Jan 24 CMC Markets Plc said trade tensions between Beijing and Washington boosted client activity on its online trade platform in the third quarter but contracts-for-difference revenue fell due to new regulatory curbs.