CMC Markets CEO Cruddas says ASB partnership nears launch by year-end
Bitget2026/10/07 17:02CMC Markets CEO Peter Cruddas said the group has shifted from a retail trading focus to a global platform serving retail and institutional clients. Cruddas flagged accelerating growth in B2B, citing more than 300 partnerships globally and “non-linear” scale from proprietary technology. CMC expanded its partnership with Revolut into the UK under a new agreement, following earlier scaling across Europe. ASB New Zealand partnership is nearing launch, with go-live expected before year-end; Westpac remains on track for an early 2027 launch. Cruddas cited a £5 million personal share purchase, reiterated he has not sold any shares since the 2016 IPO; interim results due Nov. 26, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMC Markets plc published the original content used to generate this news brief on October 07, 2026, and is solely responsible for the information contained therein.
- CMC Markets CEO Peter Cruddas said the group has shifted from a retail trading focus to a global platform serving retail and institutional clients.
- Cruddas flagged accelerating growth in B2B, citing more than 300 partnerships globally and “non-linear” scale from proprietary technology.
- CMC expanded its partnership with Revolut into the UK under a new agreement, following earlier scaling across Europe.
- ASB New Zealand partnership is nearing launch, with go-live expected before year-end; Westpac remains on track for an early 2027 launch.
- Cruddas cited a £5 million personal share purchase, reiterated he has not sold any shares since the 2016 IPO; interim results due Nov. 26, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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