Overview of the year
We are very proud of what we managed to achieve in the year to 31 March 2011. Against a very weak market environment for retail trading, we not only achieved an improvement in our underlying financial results but we delivered on the very key milestones in our next generation change programme launching what we believe to be the future of online trading and investing. We also maintained our global active customer base despite conservative marketing and sales investment in comparison to our competitors due to our focus this year on investment in our technology, product and platforms.
Highlights
Financial
| 2011 | |
|---|---|
| Revenue | +6.4% |
| Net operating income | +5.7% |
| EBITDA | +9.4% |
| Active customers* | +0.2% |
*Active customers represent those individual customers who have traded with or held positions with CMC Markets on at least one occasion during the financial year
Operating
- Next generation spread bet platform launched in UK in July 2010
- Over 40,000 demo account and 10,000 live account applications on next generation spread bet platform
- Next generation CFD platform launched in Germany and Austria in March 2011 and UK in April 2011
- New headquarters in London at 133 Houndsditch