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CMC Markets Trading In Line For Year, Helped By Market Volatility

31st Mar 2016 06:55

LONDON (Alliance News) - Spread betting firm CMC Markets PLC on Thursday said trading has been in line with its expectations, with recent volatility in markets helping drive growth for the business.

CMC, which floated in London in February with a market capitalisation of GBP691.0 million, said growth in the number of active clients for its financial year to the end of March has been around 13%, with a "modest" rise in revenue per client.

CMC said it will publish its final results for the year to March 31 on June 8.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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