The global provider of online trading CMC Markets Plc released its trading update for the first quarter of the financial year 2021, from 1 April to 30 June 2020.
The company reported starting the quarter from a strong position and continuing to perform well. The client trading activity almost doubled compared to the same period the previous year.
Client income retention for Q1 2021 was higher than the 82% reported in H1 2020 and stockbroking net trading revenue also continues to benefit from the market conditions, affected by the coronavirus crisis.
