CPT Markets UK reported a steep revenue decline and a
widened annual loss for 2024, as client concentration and delays in liquidity
provision weighed on its results. Turnover dropped to £351,378 in 2024 from £1,55,002 a year earlier, a
70% decline.
Administrative expenses rose slightly to £1,191,363
from £1,115,254, pushing the annual loss after tax to £874,276, compared with a
£23,489 loss in 2023.
“A Very Difficult Year for the Firm”
The firm’s return on assets fell sharply to -111%,
down from -2.5% the previous year, in what the company described in the Companies House report as “a very difficult year for the firm.” Net assets also declined 18% to £788,826 from
£958,102.
Management said two major clients paused trading for
long stretches in 2024, affecting revenues heavily. Those clients have
since resumed activity, but the board acknowledged the need to reduce reliance
on a small number of accounts.
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The firm also reportedly faced delays in securing a liquidity
Liquidity
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
Read this Term
provider requested by new clients, which limited trading volumes during the
year.
“The two main contributing factors were an
over-reliance on a small number of clients for the bulk of the firm's revenue,
and a long delay in the provision of an LP requested by some new clients,” the broker
explained. “These two factors combined in certain months,
resulting in very low top-line revenue.”
Strategic Response
The CFD broker's UK outfit also announced a management reshuffle. Mike Greenhalgh will become the Chief Executive Officer, subject to regulatory
approval. He replaces Nick Lewis, who has been the CEO for more than 10 years.
CPT Markets UK has promoted Greenhalgh to lead a shift
toward institutional business, with a focus on attracting small to mid-sized
funds and proprietary traders. The firm also plans to raise the minimum
investment size for retail clients.
Besides that, the firm informed that two new sales staff hired last year have begun
converting leads with improved liquidity access. It added that more hires
will follow when conditions allow.
Related: CPT Markets UK Achieves £1.15 Million Turnover, Narrowing Operating Loss
To diversify revenues, CPT Markets UK intends to
provide liquidity to other brokers on a B2B basis and expand its product range.
Future offerings may include equities, fixed income, and derivatives alongside
its current forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term, commodities, and indices CFDs.
The board has set targets for revenue growth and
improved return on assets in 2025, after what it described as a “very difficult
year.”
CPT Markets UK reported a steep revenue decline and a
widened annual loss for 2024, as client concentration and delays in liquidity
provision weighed on its results. Turnover dropped to £351,378 in 2024 from £1,55,002 a year earlier, a
70% decline.
Administrative expenses rose slightly to £1,191,363
from £1,115,254, pushing the annual loss after tax to £874,276, compared with a
£23,489 loss in 2023.
“A Very Difficult Year for the Firm”
The firm’s return on assets fell sharply to -111%,
down from -2.5% the previous year, in what the company described in the Companies House report as “a very difficult year for the firm.” Net assets also declined 18% to £788,826 from
£958,102.
Management said two major clients paused trading for
long stretches in 2024, affecting revenues heavily. Those clients have
since resumed activity, but the board acknowledged the need to reduce reliance
on a small number of accounts.
Join IG, CMC, and Robinhood at London’s leading trading industry event!
The firm also reportedly faced delays in securing a liquidity
Liquidity
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
Read this Term
provider requested by new clients, which limited trading volumes during the
year.
“The two main contributing factors were an
over-reliance on a small number of clients for the bulk of the firm's revenue,
and a long delay in the provision of an LP requested by some new clients,” the broker
explained. “These two factors combined in certain months,
resulting in very low top-line revenue.”
Strategic Response
The CFD broker's UK outfit also announced a management reshuffle. Mike Greenhalgh will become the Chief Executive Officer, subject to regulatory
approval. He replaces Nick Lewis, who has been the CEO for more than 10 years.
CPT Markets UK has promoted Greenhalgh to lead a shift
toward institutional business, with a focus on attracting small to mid-sized
funds and proprietary traders. The firm also plans to raise the minimum
investment size for retail clients.
Besides that, the firm informed that two new sales staff hired last year have begun
converting leads with improved liquidity access. It added that more hires
will follow when conditions allow.
Related: CPT Markets UK Achieves £1.15 Million Turnover, Narrowing Operating Loss
To diversify revenues, CPT Markets UK intends to
provide liquidity to other brokers on a B2B basis and expand its product range.
Future offerings may include equities, fixed income, and derivatives alongside
its current forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term, commodities, and indices CFDs.
The board has set targets for revenue growth and
improved return on assets in 2025, after what it described as a “very difficult
year.”
