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CMC Markets Lifts FY2024 Income Forecast by £40 Million
CMC Markets Plc today (Monday) issued an upbeat trading update for its 2024 financial year (FY24) ending 31 March 2024. The publicly listed (LSE: CMCX) retail broker expects to achieve net operating income £40 million higher than previously guided. CMC Markets delivered a strong performance in the third quarter of FY24, driven by an improvement in market conditions and increased contribution from its B2B and institutional business. The Group has benefited from its long-term investments in this business area. As a result of the robust Q3 growth, CMC Markets now expects to generate FY24 net operating income of between ... (full story)