Global CFD provider

Embracing CFDs and FX in New Zealand.

CMC Markets, New Zealand’s largest resident provider of CFD and margin FX trading services, started in the UK in 1989. Entrepreneur Peter Cruddas established the ‘Currency Management Corporation’ with a £10,000 investment, setting up a small office as an FX broker with just a desk and a phone. Since then CMC Markets has evolved into one of the world’s leading online CFD providers and financial spread betting companies, with over 24 million trades executed annually.

We were rebranded CMC Markets in 2005 and broadened our UK product range to include CFDs and spread betting. We opened our doors in Sydney in 2002, providing CFD trading and FX, and in 2008 acquired Australian stockbroker Andrew West & Co. (AWS). In response to strong customer demand for a locally based CFD and FX service, CMC Markets New Zealand was launched in April 2006.

Our success

Our success is founded on our ability to deliver a wide range of trading products to customers, from single equities to indices, currencies and interest rates. This means that instead of going to a forex broker, futures broker or a commodities broker to trade these different instruments, you can trade them all on one trading platform. CMC Markets has pioneered the development of online trading in markets around the world to become a world leader in spread betting, CFDs, margin FX and, currently in Australia only, stockbroking.

Our presence

Since we launched in 1989, we’ve broadened our global presence to cover Australasia, continental Europe and North America, making us a world-leading online CFD provider. Key acquisitions during our expansion have included UK financial content and data provider Digital Look, and Australian stockbroker Andrew West & Co. Still privately held, CMC Markets welcomed its first institutional shareholder when Goldman Sachs purchased a 10% stake in the company.

Our pedigree

We take safety and security seriously. No client moneys are used to meet the trading obligations of other clients. Funds on deposit with us are held in a separate trust account established, maintained and operated in accordance with the Client Funds Regulations, ensuring that client moneys are protected. This is something that separates us from smaller providers and offers our customers financial security. CMC Markets (NZ) is a 5-star rated member of the New Zealand Financial Markets Association (NZFMA). The NZFMA represents the interests of members in ensuring the sound management of over-the-counter financial markets in New Zealand, which turned over approximately $10 trillion in 2006. It promotes effective self-regulatory initiatives and advocates, develops and implements high professional standards to be used by its members when dealing in over-the-counter markets.

A timeline of CMC

1989

We start out as a forex broker.

1996

We become the world’s first online retail forex trading company, allowing customers to take advantage of markets previously only accessible to professionals.

2000

We expand to become a CFD broker, underlining our commitment to offering the most competitive and innovative trading products available in the global market place.

2001

We launch our online spread betting serivce in the UK, also becoming the first spread betting company to launch the Daily Rolling Cash Bet. The innovative Daily Rolling Cash® becomes a benchmark in the industry.

2002

We go international when we open our first non-UK office in Sydney, introducing online CFD and forex trading to the Australian market, and rapidly become the Australian market leader

2005

We launch one-click dealing, and become one of the first UK spread betting firms to launch mobile trading.

We open our Beijing representative office. Approval to operate the new office was granted by the China Banking Regulatory Commission (CBRC).

2006

The NZ office opens in April to provide a locally based CFD and FX service,

In the UK, we win Best Active Trading Service from Digital Look, Best Spread Betting Service from Shares Magazine and Best Spread Betting Firm from Investors Chronicle for third consecutive year. We also win Best Spread Betting and Best CFD provider from Trade2Win for the third year in a row, as well as Best FX provider.

2007

We open our Singapore office.

We acquire Digital Look, a leading provider of online investment market data and intelligence to the retail investor.

We open our first Nordic office in Stockholm, Sweden.

We announce the launch of our Japanese subsidiary, CMC Markets Japan Co. Ltd (CMCJ).

50 millionth client trade milestone.

Goldman Sachs purchases a 10% stake in CMC Markets

2008

We complete negotiations to acquire leading non-advisory Australian stockbroker Andrew West & Co.

We open two new offices, in Scotland and Ireland.

Awarded Money magazine Best CFD Provider in Australia

2009

We celebrate our 20th anniversary (starting as a forex broker branching out into a world-leading spread betting company and CFD company).

Awarded Money magazine Best CFD Provider in Australia for second consecutive year.

2010

We open a new office in Milan.

We launch new pricing, execution and technology for all our financial products around the world.

We launch our new global brand.