The Australian unit of CMC Markets has jumped on the AI bandwagon and become the latest broker to launch a dedicated AI engine in partnership with Telescope AI. Announced today (Tuesday), the AI engine will help investors navigate market movements and review portfolios.
A Product to Address Client Demand
Named CMC Intelligence, the AI engine offers insights across stocks, ETFs, and cryptocurrencies in several markets, including Australia, the United States, Singapore, New Zealand, and the United Kingdom.
The launch came after the London-listed broker found that 23 per cent of its stock brokerage clients use AI for investing, up from 12 per cent six months ago. It appears the broker wants to keep its clients on its platform for as long as possible.
Read more: CMC Markets’ FY26 Pre-Tax Profits Climb 20%, Income Was a “Record Outside Covid-Impacted Year”
Ryan O’Doherty, Head of Product for CMC Invest APAC, highlighted that the new AI product “addresses a common challenge for investors: maintaining clarity and confidence in fast-moving or volatile markets, which often requires monitoring fragmented and conflicting information across multiple sources.”
“AI-enabled solutions shift the focus to synthesis, helping clients cut through market noise by transforming complex market research and trade analysis into insights that are easier to understand, quicker to act on, and more relevant to real trading decisions.”
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Another Broker Enters the AI Race
Before CMC, several other brokers also launched AI products, and most appear to be focusing on third-party integrations rather than developing solutions to sit within their platforms.
IG, ThinkMarkets, Robinhood, and several others have launched MCP servers, enabling traders to connect their trading platforms to third-party AI assistants such as Claude and ChatGPT. While some remained cautious and kept permissions to their trading platforms read-only, a few went all in and even allowed agentic trade execution through AI assistants.
CMC explained that the insights from its AI agents are generated using verified market data, corporate filings, regulatory disclosures, and public news sources.
“Working closely with CMC’s team to bring this to market has been exceptional,” said Luc Pettett, CEO of Telescope AI. “They understood that AI isn’t a feature add-on; it’s infrastructure that changes how investors engage with capital markets and ultimately empowers the investor.”
