CMC Markets

CMC Markets Plc was founded in 1989 and is a market-maker in Contracts for Difference ( CFDs ), headquartered in London (CMC stands for Currency Management Consulting). The company counts with customers in over 100 countries on four continents, one of the world's leading provider in online derivatives trading.

CMC Markets is represented at 20 locations worldwide and employs more than 1,000 employees (as of June 2008). In fiscal year 2007/ 08 CMC Markets wrapped worldwide over 20 million transactions with a trade volume of nearly 1.4 trillion dollars and achieved revenues of 181.4 million pounds sterling.

The German branch of CMC Markets is headquartered in Frankfurt am Main. The offer in Germany includes over 3100 CFDs based on more than 20 markets, including shares, indices, commodities, bonds and currencies, and futures (October 2012).

Company History

In 1989, Peter Cruddas, the company in London. 1992 CMC Markets is regulated by the Securities and Exchange Commission FSA in England. The company's first foreign exchange trading platform in 1996 will be launched worldwide on the Internet. In 2000, the trade begins with CFDs. In the years that CMC Markets opens then stores in Sydney, New York, Beijing, Hong Kong and Toronto. 2005, the first presence in Central Europe created a branch in Frankfurt am Main. In 2006 offices in Stockholm, San Francisco, Tokyo and Vienna come to this.

Locations

CMC Markets operates and maintains offices in the UK, Ireland, Austria, France, Germany, Italy, Norway, Spain, Sweden, Canada, China, Japan, Singapore, Australia and New Zealand.

Competition

With 9 % market share in 2009, CMC Markets is one of the largest market makers for CFDs. Since over-the -counter CFD providers are not subject to notification requirements on trading volume or amount of transactions, such figures are difficult to confirm.