David Fineberg, Albert Soleiman acquire shares in CMC Markets under incentive plan
David John Fineberg, deputy CEO of CMC Markets, and Albert Soleiman, CFO of the broker, acquired shares in CMC Markets.
David John Fineberg, deputy CEO of CMC Markets, and Albert Soleiman, CFO of the broker, acquired shares in CMC Markets.
CMC Markets Plc (LON:CMCX) today issued a trading update for the year to 31 March 2024 (“FY 2024”).
CMC Markets’ layoffs of about 200 people worldwide should shave about £21 million annually off its expense base.
CMC Connect clients will now have access to a broad range of UAE stocks as a derivative product.
At the current share price, CMC Markets has a market capitalization of just over £300 million (USD $379 million).
The integration provides CMC Markets clients with access to Skale’s back office, CRM, multi-layered IB portal and traders’ area.
Leading the move to Dubai is Richard Elston, CMC’s Group Head of Institutional.
CMC Markets Connect will be staffing the Dubai office using both the incumbent team, plus a mix of locally recruited staff.
Patrick Davis joined CMC Markets in 2020 after previously spending 15 years as Head of Legal and Company Secretary at ICE in London.
CMC Markets’ marketing focus on premium customers continues to act as a successful strategy for the Group.