CMC Markets Upgrades Platform

Spread betting and contracts for difference (CFD) provider CMC Markets has announced a large upgrade to its trading platform.

The enhancements include pattern recognition, for the construction of rules-based automated trading strategies, as well as price depth ladders and daily performance values for all instruments. Future upgrades will include social integration, such as message boards for the exchange of analysis materials.

"We always listen to our customers and for the past nine months we have invested significantly in building this technology via several in-house and external experts from areas such as business operations, dealing, risk management, pricing and design," says Craig Inglis, co-head of product development at CMC Markets. "Our end goal is to continuously improve the trading technology we offer to clients so they can be empowered to make sound trading decisions in an evolving market. The platform developments do not stop here, however. Work on the next phase of updates has already begun to ensure that we continue to provide our clients with the best technology in the market."