Finance
Britain's CMC Markets on track to meet annual net operating income target
Published by Global Banking and Finance Review
Posted on January 23, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 23, 2025
1 min readLast updated: January 27, 2026
CMC Markets is on track to meet its 2024 income targets, driven by market volatility and geopolitical tensions.
(Reuters) - British trading platform CMC Markets said on Thursday that it remains on track to achieve annual net operating income as previously guided, and is confident of meeting its cost forecast due to market volatility in the final quarter of 2024.
Firms such as CMC benefited from periods of high trading volatility seen in 2024 as global central banks maintained caution on monetary policy easing due to inflationary pressures, while geopolitical tensions, especially in the Middle East, compounded market uncertainties.
Also, speculative trading in assets such as cryptocurrencies and commodities as well as the prospects of tariff-driven trade policy by Donald Trump in his second term as the U.S. president contributed to the market turmoil.
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sherry Jacob-Phillips)
CMC Markets stated that it remains on track to achieve its annual net operating income as previously guided.
The company benefited from high trading volatility in 2024, influenced by cautious monetary policy from global central banks and geopolitical factors.
Speculative trading in assets like cryptocurrencies and commodities, along with potential tariff-driven trade policies, contributed to CMC's performance.
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