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Lower market volatility holds back CMC Markets growth

8th June 2017 8:00 am GMT

London-listed financial derivatives dealer CMC Markets has reported a 5 per cent drop in net operating income to £160.8m in its maiden year as a publicly listed company, with results impacted by reduced client activity.

Chairman Simon Waugh said that the past year had been "challenging and disappointing" with the fall in income primarily driven by market conditions, including sustained periods of significantly lower market volatility.

"Although the financial performance is disappointing, the underlying fundamentals within the [...]

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