CMC Markets Plans a Technology Hub In Manchester

CMC Markets plans to open a technology hub in Manchester to decentralize its operations from London. For this purpose, CMC Markets has already invested over GBP 100 million in the firm’s platforms and systems.

Opening a new technology hub is a part of the firm’s high growth strategy.

David Fineberg, the Deputy Chief Executive Officer of CMC Markets, said that Manchester was proving to be a leading technological hub. David Fineberg added that the investment would help the firm create jobs in the region and build a vibrant & growing financial technology sector.

Simon King, the Head of IT Development at CMC Markets, stated that they were excited by the new office’s potential, knowing that clients desire to see newer products and solutions rolled out in the market.

Companies generally tackle a problem by going offshore looking to get the work done, but CMC Markets has chosen to tap into the sector’s skilled labor to build teams in their new Manchester hub.

Simon King pointed out the statement after it was reported that CMC Markets has invested over GBP 100 million into its platforms and systems.

CMC Markets is a London-listed brokerage firm that was founded in 1989. Some of the financial products offered by CMC Markets include cryptocurrencies, Forex products, shares, indices, ETFs, commodities, and Australian shares, among many others.

The list of cryptocurrencies supported by CMC Markets includes Bitcoin, Bitcoin Cash, Ethereum, Ripple, and Neo, to mention a few.

It has become a globally renowned brand with a customer support service available 24/5 via live chat, email, and phone. CMC Markets is regulated by:-

  • Investment Industry Regulatory Organization of Canada (IIROC)
  • UK Financial Conduct Authority (FCA)
  • Financial Markets Authority of New Zealand (FMA)
  • Australian Securities and Investment Commission (ASIC)
  • Monetary Authority of Singapore (MAS)

What works in favor of CMC Markets is its offering of risk management tools to advanced traders and a proprietary trading platform. CMC Markets is completely safe for traders. Users can find more about the safety aspect of CMC Markets by researching and reading a CMC Markets review.

Customers rely on its services as the brand is backed by awards in the category of highest customer satisfaction, best educational resources, best pro platform features, and best value for money.

Traders can access demo accounts at no cost, and they only have to share their email address, supported by a strong password. Demo account assists traders in getting familiar with the functions and features of the platform before they go big with their trading skills.

CMC Markets accepts deposits and withdrawals through Credit Card, Debit Card, BPAY, Bank transfers, and PayPal.

To open an account on the platform, start by filling out a registration form. It is followed by providing financial information, completing the verification process, depositing required funds, and engaging in live trading.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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