CMC Markets says FY23 income in line with expectations, expansion of CMC Invest continues

CMC Markets says FY23 income in line with expectations, expansion of CMC Invest continues

CMC Markets plc (LON:CMCX), a leading global provider of online retail and institutional platform technology, today issued a trading update for the period 1 October 2022 to 23 January 2023.

The brokerage says its net operating income is currently tracking in line with market expectations for the year ending 31 March 2023.

While net operating income was weaker towards the end of the calendar year, it has recovered strongly in January. Monthly active clients, client money and assets under administration in CMC Markets’ investing and trading businesses remain stable versus H1 2023.

The Group remains on track in the delivery of its strategic objectives. Development upgrades across both its investing and trading…
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