London-based online trading firm CMC Markets Plc (LON:CMCX) launched its new limited-risk CFD account in France. The new account has been launched to comply with new regulatory rules from the French regulator (AMF), and is designed to best serve clients’ interests. Every new client opening a trading account with CMC Markets will now be able…
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London-based online trading firm CMC Markets Plc (LON:CMCX) announced the appointment of Andrew Wood as Business Development Manager, Institutional Business, to the company's Sydney office. Andrew Wood brings with him 15 years of financial services experience and is regarded as a specialist in the provision of foreign exchange solutions and derivatives products for the institutional…
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Retail Forex broker FxPro has abandoned plans for a London stock market flotation as a result of the UK regulator's plan to crackdown on the growing financial spread betting market, Sky News reported earlier. FxPro has tens of thousands of UK clients but the sector received an unexpected blow in December when the Financial Conduct…
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Shared from Sky News: Spread-betting giant CMC to mull jobs, HQ move amid FCA crackdown The financial spread-betting giant CMC Markets Plc (LON:CMCX) is to consider relocating chunks of its business away from the UK if the City watchdog presses ahead with plans to curb bets placed by retail customers, as reported by Sky News.…
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Ouch! Financial spread betting companies are getting hammered really hard today after the FCA proposed stricter rules for CFD trading. CFDs, including spread bets and rolling spot foreign exchange products, are agreements between two parties to exchange the difference between the opening price and closing price of a contract. London-listed spread betters plunged by around…
Read moreFCA regulated online brokerage group CMC Markets Plc (LON:CMCX) has expanded its product portfolio with the launch of Knock-Out CFDs in Germany and Austria. Clients will be able to trade Knock-Outs in an easy and customisable way via the Next Generation platform. A Knock-Out CFD is a popular limited-risk form of derivative trading which enables a…
Read moreUK online Forex, CFD and spreadbetting broker CMC Markets plc (LON:CMCX) today announces its admission to trading on the London Stock Exchange. CMC Markets' ordinary share capital consisting of 287,923,211 ordinary shares has today been admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the…
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