Business
CMC Markets : opens Bermuda office to expand global reach
CMC Markets : opens Bermuda office to expand global
About this update from Cmc Markets Plc
[{"type":"text","content":"\n \n London, 25 March 2025 - CMC Markets (CMC), a global provider of online trading technology for retail, professional and institutional clients, is pleased to announce the opening of its Bermuda office.\n \n \n CMC is now licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority ('BMA'). The new location will enable CMC to expand its reach and efficiently onboard clients from regions that weren't serviced by its other international hubs.\n \n \n To provide a fast and seamless client-onboarding process from its new office, CMC is partnering with Sumsub, an all-in-one verification platform and FYNXT, which offers a modular platform for multi-asset brokers and financial institutions.\n \n \n The opening of the Bermuda office further increases CMC's addressable market and follows recent strategic partnerships with neo-bank Revolut and ASB Bank in New Zealand, which will enable CMC to bring its diversified platform and product offering to a wider client base.\n Benjamin Charbonneau, Global Head of Retail at CMC, commented: \"The establishment of our Bermuda office is a decisive step in CMC's mission to achieve global market leadership. We have invested in verification technologies and developed a fully scalable platform, ensuring seamless onboarding and delivery of our industry-leading products. This expansion will enable us to extend our reach to new markets worldwide, cementing CMC's position as the pre-eminent provider of online trading services. We are confident in our ability to expand our client base and deliver exceptional value on a global scale.\"\n For further information, please contact:\n Camarco: [email protected]\n Geoffrey Pelham-Lane: +44 (0) 7733 124 226\n \n \n Jennifer Renwick: +44 (0) 7928 471 013\n \n \n Alex Campbell@ +44 (0) 7710 230 545\n Notes to editors\n CMC Markets Plc (\"CMC\"), whose shares are listed on the London Stock Exchange under the ticker CMCX (LEI: 213800VB75KAZBFH5U07), was established in 1989 and is now one of the world's leading online financial trading businesses. The Company serves retail and institutional clients through regulated offices and branches in 12 countries with a significant presence in the UK, Australia, Germany and Singapore. CMC Markets offers an award-winning, online and mobile trading platform, enabling clients to trade on 12,00...