FinanceMagnets
Published on 2026-05-06 | 1 hour ago
CMC Markets Consolidates Singapore Structure Ahead of Local Multi-Asset Platform Launch
CMC Markets has consolidated its corporate structure in Singapore by merging its stockbroking entity with its primary unit in the city, under which it traditionally offered contracts for differences (CFDs). However, it will still maintain the two platforms - CMC Markets and CMC Invest - for the time being.Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!)Bringing Products under a Unified PlatformAnnounced today (Wednesday), the corporate consolidation comes as the London-headquartered broker prepares to launch its multi-asset platform in Singapore in the coming months.“Simplifying our local structure clears the way for a platform that brings trading and investing together: something this market has been waiting for,” said Christopher Forbes, Head of Asia and the Middle East at CMC Markets.The brokerage has already launched a multi-asset platform in some markets that allows its customers to trade CFDs and invest in stocks.“The Singapore market demands a multi-asset platform which places choice above all else; owning a niche is no longer the answer as clients want a single platform — being able to invest in shares, wealth products, CFDs, options and crypto, and manage your credit card, all in one place,” Forbes added.Following the corporate consolidation, clients on the CMC Markets platform will have access to “new features and functionality,” while there will be no change to the CMC Invest platform.[#highlighted-links#]
The “Super App” DreamCMC’s multi-asset app is its first step towards its financial “super app” ambitions. After bringing all its traditional finance products under one platform, the second phase will add decentralised finance (DeFi) products, with SIPPs and ISAs alongside tokenised products, stablecoins and CapX investing. The third phase of the Super App will include the addition of payments and banking products.Meanwhile, CMC is also strengthening its core over-the-counter (OTC) product offerings. It recently launched weekend gold trading amid the growing demand for the precious metal.The London-listed broker is also reported to have had a strong first half of its last fiscal year, which ended on 31 March 2026. In the six months between April and September, it netted £35.7 million on revenue of £186.2 million.
This article was written by Arnab Shome at www.financemagnates.com.
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