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CMC Markets reiterates guidance for FY 2021 net operating income
Online trading services provider CMC Markets Plc (LON:CMCX) today issued a trading update for the period from July 1, 2020 to August 31, 2020. The Group’s strong trading performance across the business has continued, with net operating income run rate for the two month period only slightly below Q1 2021, and client income has continued to be in excess of the same period in the prior year. In addition, client income retention has remained particularly strong and well in excess of the guidance of above 80%. The stockbroking business also continues to perform strongly. As a result, the Board is confident that with the ... (full story)