Low Volatility Squeezes Brokers. CMC Markets' Founder Says It Is "Not Reflected in CMC's Performance"
By Damian Chmiel
AI summary of the source article
CMC Markets founder Lord Peter Cruddas stated that subdued market volatility has affected competitors like IG Group, but has not hurt CMC's financial results due to growth in its B2B division. CMC powers more than 300 B2B partnerships, including a new agreement with Revolut UK and platform integrations with New Zealand's ASB Bank and Australia's Westpac, expected to launch before end-2026 and early 2027 respectively. Regulatory filings confirmed Cruddas purchased around GBP 4.85 million in company shares. CMC previously raised its net operating income guidance for the year to March 2027 to at least GBP 550 million.
Why it matters
The performance highlights how trading brokers are leveraging institutional B2B infrastructure partnerships to offset revenue slowdowns driven by low retail trading volatility.
Key facts
- CMC Markets raised its net operating income outlook for the year to March 2027 to at least GBP 550 million.
- ASB Bank is scheduled to go live on CMC's platform before the end of 2026, while Westpac is scheduled for early 2027.
- Lord Peter Cruddas bought roughly GBP 5 million in CMC shares and has not sold a share since the firm's 2016 listing.