Continue reading this on our app for a better experience

Open in App
Floating Button
Home Capital Special Feature

In 30 years, from phone to next-gen trading platform

The Edge Singapore
The Edge Singapore • 4 min read
In 30 years, from phone to next-gen trading platform
In 30 years, from phone to next-gen trading platform
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (June 19): As they celebrate 30 years of success, leading online trading provider CMC Markets continues to innovate and help a new generation of clients invest in the financial markets.

When Peter Cruddas dropped out of high school at age 15, few would have imagined he would go on to become a billionaire tech entrepreneur. But in 1989, the English trader started his company CMC Markets with just one phone, one desk and GBP10,000 ($17,567) in savings — and has remained CEO of the company and a leading innovator in the financial sector ever since.

Fast forward 30 years and the industry, and the world, is a markedly different place. So too is CMC Markets. The global online retail-trading provider has amassed 15 offices globally, and more than 200 awards for its products, service and platform — including customer service satisfaction awards as voted by Singaporean Traders. In 2016, it listed on the London Stock Exchange.

Today, CMC Markets offers Singaporean clients the opportunity to trade the financial markets via contracts for difference (CFDs). Since launching an office in Singapore in 2007, CMC Markets services a savvy client base with a locally based client support team.

Their multi award-winning next-generation trading platform provides clients with access to thousands of global financial instruments anytime, anywhere via desktop or mobile — a feature that is seeing their demographic evolve as quickly as advancements in technology are being made.

Michael Bogoevski, CMC Markets head of Singapore, believes continued investment in the infrastructure behind an online trading platform is paramount to providing flexibility for clients.

“Not only does the number of products and prices in our system continue to grow, the uptime for the Next Generation platform is in excess of 99.9% meaning our traders can place a trade wherever they are, whenever the markets are open. By continuing to optimise the performance of the platform, clients can also benefit from automated execution with trades executed in just 4 milliseconds,” says Bogoevski.

Alongside increasing flexibility to access the markets, the advent of programmatic algorithmic trading has seen a steady uptake by younger generations. Add to this a housing market that is increasingly difficult to enter, and it is perhaps not surprising millennial and Gen Z investors are flocking towards alternative investment options.

“Our purpose is to make the financial markets truly accessible for all investors — including those just starting out,” says Bogoevski. “Our continued focus on providing the best trading experience possible to our clients includes empowering traders with a suite of free education tools and resources — from platform guides, seminars, insights from our global analysts and third party education partnerships.”

To help this growing new audience build their confidence in the markets, the company launched its own podcast series called “The Artful Trader” and run regular monthly webinars, providing trading education and insights. The Artful Trader talks to experts in their respective fields on resilience, preparation and determination — and how traders can apply these experiences to their own development.

“Being a trader takes confidence,” says Bogoevski. “With clients at the forefront of our business, our award-winning service, platform and suite of free education ensures traders have the support they need — regardless of their trading experience.”

THE CMC DIFFERENCE

VALUE FOR MONEY Keep your trading costs down with competitive spreads and low margins.

INTUITIVE PLATFORM Trade on the go with a user-friendly, proprietary platform and native apps.

TRUSTWORTHY CMC Markets is regulated by the Monetary Authority of Singapore (MAS).

MULTIPLE AWARD-WINNERS More than 200 platform and service awards won worldwide in the last two years.

To find out more about CMC Markets, visit http://www.cmcmarkets.com/en-sg/

CMC Markets was established in 1989 and is now one of the world’s leading online financial trading businesses. The company serves retail and institutional clients through regulated offices and branches in 13 countries, with a significant presence in the UK, Australia, Germany and Singapore. CMC Markets offers an award-winning, online and mobile trading platform, enabling clients to trade thousands of financial instruments across forex, indices, commodities, shares and treasuries through contracts for difference (CFDs). More information is available at http://www.cmcmarkets.com/en-sg/ This advertisement is for information only, not an investment recommendation or financial advice. Losses can exceed your initial deposit. See risk warning/disclosure & other important information on our website: www.cmcmarkets.com.sg. This advertisement has not been reviewed by the Monetary Authority of Singapore (MAS). CMC Markets is regulated by MAS.

Get the latest news updates in your mailbox
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.