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CMC Markets heads for £1 billion float

From leaprate.com

High profile British political and banking figure Peter Cruddas has high hopes for CMC Markets as it turns its fortune around within a year British spread betting firm CMC Markets is looking toward a public listing with a potentially stratospheric value of £1 billion within a matter of months after it yesterday reported that it is back in the black following extremely high losses last year, a dynamic which is quite the reverse of many of its peers. Peter Cruddas, who returned to the company as chief executive in January 2013 after a period as Chairman, has indicated that the firm’s strengthening performance means ... (full story)

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