Statement on market volatility from EU referendum

RNS Number : 2702C

CMC Markets Plc

24 June 2016

 

CMC Markets Plc

Statement on market volatility as a result of the EU referendum

CMC Markets plc ("CMC" or "the Company") can confirm that despite the extreme volatility in the financial markets as a result of the EU referendum and the subsequent result of the UK's vote to leave the EU, the Company incurred no losses.  CMC maintains robust risk management processes to ensure it offers its clients the best possible service.  The Company continues to maintain a strong regulatory capital position post the EU referendum vote.

Enquiries

CMC Markets Plc                                                                                              [phone]

Grant Foley, Chief Financial Officer and Head of Risk

Camarco                                                                                                           [phone]

Geoffrey Pelham-Lane

Ed Gascoigne-Pees

Jennifer Renwick

Notes to Editors

CMC Markets plc ("CMC"), whose shares are listed on the London Stock Exchange under the ticker CMCX, was established in 1989 and is now one of the world's leading online financial trading businesses.  The company serves retail and institutional clients through regulated offices and branches in 14 countries, with a significant presence in the UK, Australia, Germany and Singapore. CMC Markets offers an award-winning, online and mobile trading platform, enabling clients to trade over 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference ("CFDs") and financial spread bets (in the UK and Ireland only).  Clients can also place financial binary bets through Countdowns and, in Australia, access stockbroking services.  More information is available at http://www.cmcmarkets.com/group/

 

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