CMC Markets shares surged 23 percent to approximately 570 pence on Wednesday after the London-listed broker dramatically upgraded its annual profit guidance, smashing through its previous all-time high set during the pandemic trading frenzy in April 2021. The company now forecasts net operating income of at least £550 million for the year ending March 2027, substantially higher than last month’s £460 million to £480 million range and well above analyst consensus of £385.5 million.
The upgrade is driven by what CMC describes as exponential growth in its B2B division, which provides trading technology and liquidity infrastructure to banks and brokers. This unit delivers higher margins than traditional retail CFD operations and has expanded through white-label partnerships, including a notable CFD deal with neobank Revolut spanning dozens of countries. The move extends a sector-wide rally, with IG Group, Plus500, and XTB all posting strong gains amid elevated market volatility throughout 2026.
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FXnCO Insight
** CMC’s B2B pivot signals that institutional technology partnerships, not retail trading volumes, are now the primary profit driver for next-generation brokers.
Source: Finance Magnates