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08.04.2022
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CMCM
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CMC Markets closes fiscal year at the upper end of expectations

Successful launch of Dynamic Portfolio Swap (DPS) in Germany

Frankfurt am Main, 08. April 2022 -- CMC Markets (www.cmcmarkets.com), a leading global provider of online trading for retail investors and platform technology solutions for institutional partners, expects earnings for the fiscal year ended March 31 to be at the upper end of expectations thanks to a strong fourth quarter. Preliminary calculations put net operating profit at £280 million, the second-best result in the company's history after the exceptional and pandemic-hit previous year. Final figures will be released on June 9.

While overall customer trading activity remained at a high level worldwide over the past twelve months, the Australian equity trading business in particular made a major contribution to this success with record results. In order to expand the business with non-leveraged financial products in Europe as well, customers will be given access to a corresponding trading platform under the name CMC Invest, initially in the UK, before the end of this quarter. In addition, CMC Markets announced on March 15 a share buyback program worth up to 30 million British pounds, which is to be completed by the end of June 2023.

"CMC Markets has had another successful year from both a strategic and financial perspective. The results reflect both the continued success of our B2B technology partnerships and our focus on both leveraged and non-leveraged financial products businesses," said Peter Cruddas, CEO of CMC Markets. "In an ever-changing business, we will continue to leverage our technology to enter new markets, particularly expanding our offering in the trading of non-leveraged products."

In Germany, CMC Markets once again demonstrated its innovative strength in the past fiscal year and has been offering its customers the Dynamic Portfolio Swap (DPS) since November 2021, a product with which leveraged synthetic positions on more than 12.000 products can be opened and closed. They are aggregated during the life of the DPS and displayed in real time as an "unrealized" net profit and loss. The net result, either profit or loss, is not actually realized until a realization event occurs. This can be initiated by the customer at any time, but occurs no later than the end of the calendar year.

Markus Kegler, Managing Director of CMC Markets Germany GmbH, draws a very positive balance after half a year: "The customers are enthusiastic and we are satisfied. Already, almost half of the German business runs through the new product. Especially the active customers, for whom a DPS can also be worthwhile from a tax point of view, have decided relatively quickly to switch or to open a second account. In addition, many new customers find their way to us because we are the only CFD broker in Germany to date to offer trading in the portfolio for private investors," said Kegler.

Press contact:
Thomas Kranch
Kranch Media UG (haftungsbeschränkt)
Mozartstraße 30
64584 Biebesheim am Rhein
Tel.: +49 (0) 6258 / 94 14 721
Mobile: +49 (0) 151 / 1200 2535
E-mail: tk@kranch-media.de
Web: www.kranch-media.com

About
About CMC Markets CMC Markets Germany GmbH is a company authorized and regulated by the German Federal Financial Supervisory Authority (BaFin) under registration number 154814 and is a wholly owned subsidiary of London-based CMC Markets UK Plc, one of the world's leading providers of online trading. CMC Markets offers investors the opportunity to trade Contracts for Difference or "CFDs" for short, via its "Next Generation" trading platform and is the leading provider of CFDs in Germany in terms of customer numbers. CMC Markets' offering in Germany includes CFDs on over 12,000 different securities from more than 20 markets. CFDs can be traded on indices, stocks, bonds, commodities, exchange traded funds (ETFs) as well as on over 340 currency pairs. Founded in London in 1989 by Peter Cruddas, the group now has offices in Germany, Australia and Singapore, among other countries. CMC Markets UK Plc is listed on the London Stock Exchange. For more information about the company, visit www.cmcmarkets.de and www.cmcmarkets.com/group/. Disclaimer The contents of this press release/article (hereinafter: "Contents") are part of the marketing communication of CMC Markets Germany GmbH (hereinafter: "CMC Markets") and are for general information purposes only. They do not constitute independent financial analysis or financial or investment advice. They should not be relied upon as an authoritative basis for an investment decision. The Content should never be construed as CMC Markets recommending or deeming suitable the purchase or sale of any particular financial instrument, a particular time for an investment decision or a particular investment strategy for any particular person. In particular, the Content does not take into account the individual investment objectives or financial circumstances of any individual investor. The assessments, estimates and forecasts reflected in the Content reflect the subjective opinion of the respective author or source cited, are subject to change at any time and are made without warranty. In any event, CMC Markets shall not be liable for any loss you may suffer directly or indirectly as a result of any investment decision you make based on the Content. CFDs are complex instruments and come with the high risk of losing money quickly due to leverage. 73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You should also read our risk warnings for each product. Investment success in the past does not guarantee success in the future.

CMC Markets (DE)

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