CMC Markets Plc (LON:CMCX), a major provider of online trading and institutional technology solutions, today announced transactions in its shares by senior executives.
On July 9, 2024, CMC Markets granted 113,772 shares in the company to CEO Peter Cruddas. This is a conditional share award under the CMC Markets plc Combined Incentive Plan.
On July 11, 2023, CMC Markets granted 138,052 shares to its Mr Cruddas.
Peter Cruddas came from humble beginnings, leaving his local school in east London aged 15 to take a job as a telex operator for Western Union in the City of London. He went on to work his way up through the FX trading rooms at various banks, becoming chief dealer and global group treasury adviser, before embarking on an untapped opportunity in the internet to re-invent the trading landscape.
In 1989, Peter Cruddas established his own company, Currency Management Consultants. Today the company is known globally as CMC Markets, and has grown to include multiple offices worldwide and over 80,000 active clients. In December 2006, Peter Cruddas set up his charity Peter Cruddas Foundation to help disadvantaged young people. In 2016, CMC Markets successfully floated on the London Stock Exchange and is now recognised internationally as a leader in online trading.
In February 2021, CMC Markets announced that Peter Cruddas was appointed as a Peer in the House of Lords.
