FCA regulated online broker CMC Markets Plc (LON:CMCX) has announced that it will be included as a constituent of the FTSE 250 Index effective later this month.
The inclusion was announced by FTSE Russell yesterday and will take effect from the start of trading on Monday June 20, 2016.
This follows CMC Markets’ Initial Public Offering with admission to the premium listing segment of the Official List of the UK Financial Conduct Authority, and to trading on the main market for listed securities of the London Stock Exchange on 10 February 2016.
CMC Markets Founder and Chief Executive Officer Peter Cruddas said:
Inclusion in the FTSE 250 Index is another significant milestone for us all at CMC and we look forward to widening our existing strong investor base with new shareholders. Additionally, I am looking forward to updating the market on our progress at our full year results announcement next week, on Wednesday 8 June 2016.
CMC Markets is using its platform as a public company to aggressively expand in the the UK and abroad. The company unveiled last month an initiative targeted at institutional FX clients with new API connectivity. In the retail segment it recently launched a Binary Options offering. Internationally, CMC Markets added 45 leading New Zealand NZX shares to its CFD trading list.