TORONTO, Feb. 23 /CNW/ - To meet the investment and educational needs of its growing base of active traders, CMC Markets today announced the launch of Marketmaker Web(TM), an advanced browser-based trading platform, and the Education Zone, an extensive base of trading knowledge and strategies on their redesigned website www.cmcmarkets.ca.
As more investors participate in online trading, they are seeking access to global markets, commodities and Foreign Exchange investing, which are all available at CMC Markets. Since receiving regulatory approvals in October 2009, CMC Markets, Canada's only provider of Contracts for Difference (CFDs), has been expanding its offering of CFDs and FX to retail investors in Ontario and Quebec.
"Our growing clientele consists of active traders and serious investors who demand powerful and reliable trading platforms to execute their trades," said Bruce Seago, CEO, CMC Markets Canada. "Having established ourselves as a global leader in online trading, we take great pride in being leading-edge and client-focused. With the launch of these new initiatives today, we are moving our clients forward with the latest technologies, resources and customer support."
Marketmaker Web is a new browser-based trading platform easily accessed by any computer. Until now, the company's award-winning trading platform Marketmaker(TM) was available by download onto a desktop or mobile phone. Marketmaker provides real-time streaming quotes, one click trading, advanced order types and real-time account management among its valuable features. The convenience of one user ID and password for both the software and web access version to an account, means clients can easily and securely trade anywhere, anytime as long as markets are open.
CMC Markets has also introduced a new one-stop Education Zone on the site. Here, clients can find the Trader Health Check, a series of questions related to the trader's experience and interests, which then yields customized training suggestions drawing on CMC Market's extensive education materials. Clients also have access to Education on Demand, a series of online video training modules, divided into Beginner, Intermediate and Advanced trader levels. Other educational tools include Video Walk-Throughs for maximizing use of the Marketmaker trading platform, a Trading Library, and Trading IQ, an award-winning educational program ideal for new traders.
"Since we started offering our products to retail investors, ongoing customer education is more important than ever. Our recently expanded training and education resources ensure that we have provided our clients with a valuable depth and breadth of trading knowledge," added Mr. Seago.
The newly improved www.cmcmarkets.ca is loaded with even better features and a more user-friendly approach to enhance the investor's experience. Besides a fresh new design and new highlights like Marketmaker Web and the Education Zone, the site boasts improved navigation, powerful graphics, and easier access to key support tools.
As a member of the Investment Industry Regulatory Organization of Canada (IIROC), all client accounts of CMC Markets Canada are protected by the Canadian Investor Protection Fund (CIPF).
About CMC Markets
CMC Markets is a global leader in online trading. Founded in 1989 and headquartered in London, England, CMC Markets has 15 offices worldwide and represents clients in over 85 countries. The company specializes in Contracts for Difference (CFDs), a revolutionary trading product and Foreign Exchange. In December 2007, Goldman Sachs acquired a 10% stake in CMC Group.
Operating in Canada since 2005, CMC Markets has an office in Toronto and is the only provider of CFDs in the country. CMC Markets Canada Inc. is a member of the IIROC and the Canadian Investor Protection Fund.
During the fiscal year ended March 2009, the CMC Markets Group transacted over 30 million trades at a value of US$1.5 trillion and now has over 76,000 active client accounts. This represents a growth of 36% in active customers and a 50% growth in trading volumes over a one-year period.
SOURCE CMC MARKETS
For further information: For further information: Beth Merrick, ZAZOU Communications, (416) 654-9881, firstname.lastname@example.org; Voula Moran, CMC Markets Canada, (416) 682-5067, email@example.com