CMC Markets plc is a global provider of online retail and institutional trading and investing services. The company's core business model revolves around its proprietary trading platform, which allows clients to trade a wide array of financial instruments—including forex, indices, commodities, shares, and treasuries—primarily through contracts for difference (CFDs) and spread betting. Revenue is predominantly generated from its Trading segment, which earns income through fixed transactional fees, financing, commissions, and client trading activity. CMC Markets also operates a growing Investing segment that provides stockbroking services, notably in Australia where it is a leading non-bank stockbroker, as well as in the UK and Singapore. In recent years, the company has strategically expanded its Business-to-Business (B2B) and institutional offerings, providing white-label technology, API solutions, and liquidity to major partners such as Westpac and Revolut. Geographically, while headquartered in the UK, the majority of its net revenue is generated internationally, with a strong footprint in the Asia-Pacific region, Europe, and the Middle East.