LeapRate Exclusive… LeapRate has learned via regulatory filings made in Norway and the UK that Norway’s central bank, Norges Bank, has increased its position in UK online Forex and CFDs broker CMC Markets Plc (LON:CMCX) to 4%, making Norges one of CMC's largest shareholders. The Norges Bank stake in CMC consists of 11.73 million shares, worth about…
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LeapRate Exclusive... LeapRate has learned via regulatory filings made in Norway and the UK that Norway's central bank, Norges Bank, has taken a 3% equity position in the shares of UK online Forex and CFDs broker CMC Markets Plc (LON:CMCX). The Norges Bank stake in CMC consists of 8.77 million shares, worth about £9.6 million (USD…
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It looks like Fidelity Investments isn't waiting for the big bounceback in shares of UK online brokers, following the $2 billion+ market cap hit taken by publicly traded brokers in the wake of the FCA's recent tightening of rules around CFD brokerage and trading. It was indicated in a recent regulatory filing that the US investment…
Read moreLeapRate Exclusive... LeapRate has learned, via filings made to the London Stock Exchange, that investment and mutual fund giant Fidelity Investments has built up a 5.22% position in FCA regulated online brokerage firm CMC Markets Plc (LON:CMCX). Headquartered in Boston MA, Fidelity Investments is one of the world's largest investment management and mutual fund companies. Fidelity has…
Read moreMajor online trading services provider CMC Markets Plc (LON:CMCX), which was recently admitted to trading on the London Stock Exchange, has made a number of reports concerning its shareholders. As per regulatory filings submitted on February 10, 2016, CMC's founder and Chief Executive Officer Peter Cruddas reports a 55% direct shareholding in the company and that…
Read moreIn the light of a planned IPO, we were curious to see how share capital is allocated amid CMC Markets' shareholders.
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