CMC Markets plc (CMCX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to our half year 2026 results presentation. My name is Peter Cruddas and joining me today is Global Head of Capital Markets Lawrence Booth and our Interim Head of Finance John Cubbin. In terms of the agenda today, I will provide an overview of a number of the exciting initiatives we have going on here at CMC. John will then cover the financials Lawrence will provide a strategic update across each of our businesses before handing back to me to wrap up. So, shall we get going? API connectivity delivers distribution and scale through technology, which is what sets CMC apart. I wanted to share this quote at the top of the presentation because it is what really captures the essence of where CMC is as a business today. Over the past few years, I have transformed this business from a retail CFD provider into a diversified fintech company. One that delivers growth and distribution through our API technology, our connectivity and our partnerships. Everything we do now in retail or institutional is built on this technology-led approach. It's what gives us scale and reach well beyond our traditional footprint. You'll hear a lot about our API technology today, and that's deliberate. It's the foundation of everything we are building. Our API business is one of the most powerful, exciting growth areas within the group. It's a simple but powerful proposition, one connection that gives our partners access to global markets, thousands of products, and infrastructure that scales instantly. and the results speak for themselves. Over the past year, API partnership account openings have increased by more than 2,400%, and it's only going one way. What makes this growth particularly impressive is the cost efficiency. We are acquiring significant number of ...