/cloudfront-us-east-2.images.arcpublishing.com/reuters/QYWWWXFMH5NTFFBLF7IMVIKTQY.jpg?fit=%2C&ssl=1 "CMC doubles annual profit as trading volumes soar")
Dealers work at their desks whilst screens show market data at CMC Markets in London, Britain, January 30, 2019. REUTERS/Dylan Martinez/File Photo
London-listed online trading platform CMC Markets (CMCX.L) said on Thursday annual profits more than doubledas volatility in financial markets last year drove strong trading volumes.
CMC, which facilitates the trade of complex financial instruments, raised its targets multiple times this year as a retail trading frenzy on Wall Street fuelled volumes after the pandemic-driven swings last year.
Its pretax profit rose to 224 million pounds ($315.91…
