CMC Markets Expands Institutional Offering with Prime FX
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CMC Markets Expands Institutional Offering with Prime FX
CMC Markets, a UK-based provider of spread betting, contracts-for-difference (CFDs) and foreign exchange has launched a new prime FX proposition, part of a growing institutional offering for the group and its latest bid to help shore up an industry liquidity gap, according to a CMC statement.
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The development comes at a time when a number of traditional prime brokers have been scaling back or mitigating the scope of their dealings with smaller banks and brokers. As such, this has created a shortage of liquidity, resulting in gaps. ... (read more)
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