CMC Markets (GB:CMCX) has released an update.
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CMC Markets has reported a robust financial performance for the first half of 2024, with a 45% surge in net operating income to £177.4 million, driven by increased client trading activity and strategic partnerships with Revolut and ASB Bank. The company has also achieved a profit before tax of £49.6 million, a notable turnaround from a loss the previous year, while reducing operating costs by 9%. CMC’s focus on diversification and technological innovation continues to strengthen its position in the financial markets.
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