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CMC Markets to celebrate 50 millionth trade

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£50,000 cash give-away planned

 

CMC Markets Plc ("CMC") the market leading CFD and Financial Spread Betting provider, is on course to execute its 50 millionth client trade across the award winning Marketmaker platform before the year end. To celebrate the occasion, the company has launched a promotion whereby one of its UK clients will win £50,000, in what is believed to be the largest cash prize ever offered in the sector.

 

CMC is widely acknowledged as the first company to have provided online financial trading with the launch of its currency dealing service in 1996. Since then, over £60 million has been invested in the award winning platform which has received accolades from many organisations ranging from trade bodies up to the UK Government. The company saw a massive boost in its popularity hen it moved into the Financial Spread Betting arena in 2001 with the revolutionary rolling cash product and through recent periods of market volatility the system has displayed its strength and resilience, comfortably handling in excess of 120,000 trades on peak trading days.

 

Patrick Latchford, Managing Director (UK) of CMC Markets, commented:

 

"There may be a general lack of perception as to just how big CMC Markets is as a company, but we have now executed almost 50 million trades in all asset classes and that is certainly something worth celebrating. We've got an incredibly robust trading platform that can quote 20 million live prices in a day, is resilient even when markets are turbulent and is acknowledged as best in class by our clients. It is quite simply a superb piece of technology and this initiative is a thank-you to our existing clients for making the service so popular, whilst emphasising the scale of our operation to the widest possible audience too."

 

The UK client who places the 50 million trade will receive a cheque for £50,000 and current forecasts suggest that this will be seen during the latter part of November 2007. The promotion is open to new and existing clients alike. The 50 million figure only includes client trades which are executed and does not take account of transactions such as internal hedging positions, rollovers or demonstration trades.

 

Further details of the promotion are available at www.cmcmarkets.co.uk/50.

 

 

 

 

Artikel: CMC Markets to celebrate 50 millionth trade

 

 

 

 

© London, November 14th 2007 CMC Markets

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