CMC Markets Sees 27 Percent Profit Growth in Last Fiscal Year

[kreslik.news]

UK derivatives dealer CMC Markets (CMC) released a financial report covering its most recent fiscal year today. Despite a slight decrease in the number of user accounts, the firm reported growth in revenues and profits which reflected an increase in the number of trades and the average value of those trades.

At the end of the fiscal year finishing March 31st 2017, CMC reported total revenue of £160.8 million ($216.43 million). Today’s report shows that this figure grew to £187.1 million ($251.83 million) in the last fiscal year, representing a 16 percent year on year increase.

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