CMC Markets (LON:CMCX) is shaking off outdated labels and demanding investor attention. In this conversation, Founder and CEO Lord Peter Cruddas makes the case for a fundamental re-rating of the company, arguing that the market still views it as a simple spread-betting platform, when in reality it’s a dynamic, diversified financial services and technology firm. With major B2B deals including Revolut, Westpac and Currys, Cruddas outlines how CMC’s technology backbone is fuelling a global expansion, and why the company’s valuation no longer reflects its scale, partnerships, or potential.
Key Moments
- 00:22 – Introduction: Lord Peter Cruddas joins and repositions the company as a diversified financial services firm.
- 01:08 – Misclassification by the Market: Why CMC is no longer just a CFD/spread bet provider.
- 02:03 – Westpac Deal Impact: $150bn AUD in client assets under administration.
- 02:56 – Technology Partnership with Revolut: Beating 20 global competitors.
- 04:46 – Currys Deal & Treasury Management: New revenue streams via B2B tech.
- 06:12 – 2026 Milestones: ASB launch and tokenisation ambitions.
- 07:42 – Expansion into the Middle East: Big opportunity due to market ease.
- 10:15 – Value of Long-Term Partnerships: Tech relationships that grow over time.
- 12:02 – Misunderstood by the Market: Frustration at persistent mislabelling.
- 13:10 – What the Market is Missing: Tech capability, scale, and global relevance.
CMC Markets is a global provider of online trading and investing, offering a wide range of financial instruments to retail and institutional clients, alongside white-label and technology solutions to partners worldwide.
