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09/12/2009: Cmc Markets Plc - Trading Update For Six Months To 30 September 2008

CMC Markets Plc, a global leader in online financial trading, today announced trading and volume figures for the six months to 30 September 2008.

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October 08
Monthly average 6am to 30 Sept 08
Monthly average 12m to 31 March 08
Number of trades
3,652,852
2,128,833
1,671,517
Trade value (US$bn)
174
138
113
* Month to 28 October 2008

The Group has benefited from the high levels of volatility in financial markets with record activity levels reported, particularly in the last month of the period. The second half of the financial year started very strongly with October’s monthly trading volume, value, revenue, profits, and new client take-up at record highs.

During the period the Group has continued to optimise its global platform to deliver efficiencies and take advantage of growth opportunities, positioning CMC for its next phase of growth.

Chief Executive Jim Pettigrew commented

"The financial performance of the Group has been most encouraging with new records being achieved in all key areas of the business. During the period we have continued to review and optimise our resource allocation across our global platform to position the business to best deliver value whilst increasing investment in targeted growth areas. CMC Markets remains highly cash generative and benefits from a strong cash backed non-leveraged balance sheet which has been unaffected by the credit crunch, all of which provide a great platform for the future growth of the business."



 
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