CMC Markets plc
Annual Report and
Financial Statements
2023
CMC Markets plc Annual Report and Financial Statements 2023
Focus on:
Our diverse
offering
Throughout this report we focus on how
we are delivering on the Group’s strategy
of diversifying revenue in both our trading
and investing businesses. This includes
delivery of new investing platforms in the
UK and Singapore along with additional
products for institutional clients
within trading.
Strategic report
2 Our strategic roadmap
3 At a glance
4 Our product offering
5 Our business
6 Operational highlights
7 Investment case
8 Chairman’s statement
10 Market overview
12 Business model
14 Section 172 statement
16 Stakeholder engagement
20 Chief Executive Officer’s statement
24 Our strategy
26 Key performance indicators
29 Technology and innovation
34 Sustainability
49 Group non-financial information
statement
50 Task Force on Climate-Related Financial
Disclosures
60 Financial review
67 Risk management
68 Principal risks
Corporate governance
74 Chairman’s governance overview
76 Board of Directors
79 Corporate governance
87 Group Audit Committee report
91 Group Risk Committee report
94 Nomination Committee report
98 Remuneration Committee report
119 Directors’ report
Financial Statements
124 Independent auditor’s report
133 Consolidated income statement
134 Consolidated statement of
comprehensive income
135 Consolidated statement of
financialposition
136 Parent company statement of
financialposition
137 Consolidated statement of changes
inequity
138 Parent company statement of changes
inequity
139 Consolidated and parent company
statements of cashflows
140 Notes to the consolidated and parent
company financial statements
Shareholder information
183 Shareholder information
188 Appendices
CMC is a leading global provider of
onlinetrading and investing, with a
comprehensive retail, professional
andinstitutional offering.
The business was started in 1989
withasimple ethos: to make financial
markets truly accessible for investors.
Thisfundamental belief remains at the
heartof everything we do at CMC
Markets and staying true to that has
been pivotal toour success.
See more at www.cmcmarkets.com
1 – CMC Markets plc
Annual Report and Financial Statements 2023
Strategic report Governance Financial statements Shareholder information
Our strategic roadmap
Our vision
To create an environment
foryour financial needs
Our purpose
To constantly maintain
asuperior and unrivalled
technology experience
forour clients
Our strategic pillars
The things we live by
We stand with our clients, We are human,
We take ownership, We are bold, We work as a team,
We keep it simple, We focus on impact
Our sustainability pillars
01
Client
Positive
02
Platform
Positive
03
People
Positive
04
Change
Positive
05
Planet
Positive
01
Trading platform product
diversification
02
Investment in Business to
Business (“B2B”) technology
capability
03
Expansion of invest platforms
and institutional offering
See more on page 24
See more on page 36 See more on page 38 See more on page 42 See more on page 39 See more on page 45
See more on page 25
See more on page 25
2 – CMC Markets plc
Annual Report and Financial Statements 2023