NewswireToday - /newswire/ -
Singapore, Singapore, 2013/03/18 - CMC Markets, one of the leading providers of CFD trading, announced today that it has completed one of its most comprehensive upgrades yet to its Next Generation trading platform - CMCMarkets.com.
CMC Markets has directly responded to the needs of its most active clients by enhancing its platform design and developing a number of interactive tools to ensure that the company continues to try and provide its clients with the best user experience and technology in the market.
Client Sentiment tool: The new Client Sentiment tool gives traders an insight into what percentage of CMC Markets clients are long or short on a product. The tool also has a unique feature which allows users to drill into the client sentiment data to only see the views of clients who have made an overall account profit over the last three months (minus spreads and commissions). The Client Sentiment tool is available for live clients on both the web-based and mobile trading platforms.
Pattern Recognition: The Pattern Recognition Scanner continues to impress clients by flagging up various technical trading set-ups every 15 minutes. This allows traders to capitalise on short and long term trends in the markets. In January 2013 almost 5,000 clients utilised the scanner tool which yielded a performance rate on index technical set-ups of almost 75%, which indicates only 1 in 4 set-ups did not reach their price projection range.
Ryan O’Doherty (Co-head of Product Development) said: “We have an international team of developers, programmers, designers and technical analysts who live and breathe the financial markets and are dedicated to providing CMC Markets clients with an exceptional trading platform. This passion, combined with our clients’ valuable feedback, helps us meet and exceed their trading needs.
In July 2010 CMC Markets launched the Next Generation trading platform to replace the Marketmaker TM system. Since then CMC Markets has been continuously developing its technology to ensure its clients have the best trading experience possible. The accomplishments have been vast and client feedback has played a pivotal role in helping shape the improvements.
About CMC Markets Singapore
CMC Markets (CMCMarkets.com) is a leading global provider of Contracts For Difference (CFD) and Foreign Exchange (FX). Founded in 1989, the company now services more than 75,000 clients worldwide. In 2012, the company executed over 33m trades with a value of more than £1.2Tr. CMC Markets has 13 offices around the world in major markets such Singapore, Australia, United Kingdom, Germany and Spain. It is committed to building a sustainable business and is constantly looking to raise industry standards through new innovations in order to transform the way its clients invest in financial markets
CMC Markets Singapore offers a wide range of global CFD products, such as Shares, Forex, Commodities, Indices, Treasuries and Forwards CFD. The company is best known for its free comprehensive CFD & FX education programme. In 2011 and 2012, it achieved awards for "Best Education" from specialist research firm Investment Trends.