Online financial trading group CMC Markets said it was looking at a possible separation of its leveraged and non-leveraged divisions in order to unlock shareholder value.
The London-listed firm on Monday said talks were exploratory at this stage and it would start a formal review before the end of the year and complete it by next June. It was responding to media reports about a potential split.
CMC said its leveraged and non-leveraged units had benefited from significant investment and the review was triggered by the growing size of its client portfolio as well as by the launch of a new UK investment platform and its growing business-to-business platform operations.
