“We are delighted to announce our sponsorship of Land Rover BAR to compete in the America’s Cup over the next three years" - Peter Cruddas, CEO, CMC Markets
Read moreCMC founder Peter Cruddas has led a very nice turnaround of the UK financial spreadbetting in the two years since he re-took the reigns as CEO. The SNB crisis - just a £4 million hit. But his biggest challenge lies ahead - taking CMC public.
Read moreThe timing seems interesting given what has happened this week to publicly traded CFD broker Plus500 Ltd (LON:PLUS), but the London Evening Standard has reported that UK spreadbetting broker CMC Markets is making progress on its IPO planned for later this year. We reported back in September that, following a nice turnaround in its finances,…
Read moreHigh profile British political and banking figure Peter Cruddas has high hopes for CMC Markets as it turns its fortune around within a year with net operating income up to £122 million
Read moreBut it appears that revenues were down (again) at CMC, after a 21% revenue drop last year. CMC Markets founder Peter Cruddas, who re-took the reigns as CEO in early 2013, has overseen a nice overhaul of the business and its return to profitability, but is still facing falling revenues. UK spreadbetting and forex brokerage…
Read moreCMC fiscal 2013 results show a 21% drop in revenue, as the scandal revolving around CEO Peter Cruddas took its toll. Leading UK online broker CMC Markets has released its fiscal 2013 results (year-end March 31), alongside some interesting comments and admissions made by CMC Founder and CEO Peter Cruddas. Cruddas re-took the reigns as…
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