CMC Markets PLC's (LON:CMCX) CFO Euan Marshall talks to Proactive London's Katie Pilbeam about their pre-close trading update for 2021.
Overall, the firm enjoyed a strong fourth quarter performance and increased confidence in the full year 2022 outlook.
Marshall explains how the entire business has continued to perform very strongly during the period, with ongoing strength in the acquisition and retention of CFD and stockbroking active clients and higher levels of client trading activity versus regular trading periods.
In addition, client income retention remained well in excess of 80%, but below the levels reported for H1 2021, as previously guided.