CMC Markets Plc (LON:CMCX), a leading global provider of online retail and institutional (B2B) platform technology, today issued a trading update for FY 2023.
The company expects FY 2023 net operating income to be between £280-290 million. February and March posed a more challenging environment with lower equity volumes and a higher proportion of lower margin institutional trading activity, CMC said.
Let’s note that, in January 2023, the brokerage said its net operating income was tracking in line with market expectations for the year ending 31 March 2023. Net operating income for H1…
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