CMC Markets

CMC Markets (Currency Management Corporation), is a financial services company offering online derivatives through spread betting, CFD (Contract for difference) and Forex (Foreign Exchange) trading across the worlds markets. The head office is in London.

History

The company was established in 1989 by Peter Cruddas as a Foreign Exchange market maker. In 1992, CMC Markets became authorised and regulated in the UK by the AFBD which later became the Financial Services Authority (FSA)

In 1996, the company launched a real-time FX trading platform and in 2000, began to offer Contracts for Difference (CFDs).

CMC Markets online spread betting service was introduced in 2001.