CMC Connect, a provider of liquidity and white label trading solutions, has made an announcement regarding the accessibility of its CMC Prime service. The company has revealed that orders for CMC Prime can now be conveniently placed via the Iress platform, marking a crucial integration in the realm of trading solutions.

Global Reach: Direct Market Access across 20 Exchanges

This integration offers seamless access for institutions and professional individuals keen on trading the extensive array of single stock CFDs listed by CMC Connect. Covering 20 exchanges across Europe, Asia, and the Americas, the direct market access basis facilitates efficient trading experiences across diverse geographical regions.

Richard Elston, the Group Head of Institutional at CMC Connect, added: “We are delighted to have completed this landmark integration with Iress. The move puts the CMC Prime product array in easy reach of hundreds of financial institutions from across the globe, by allowing them to leverage their existing technology partnerships and transact with us in a way that requires limited additional resources."

Enhanced Position Monitoring and Cash Management

Position monitoring and cash management, essential components of trading, are conducted on CMC's proprietary trading platform. This platform is now bolstered by the Iress Order Management System, which further streamlines the process of direct market access. The integration is particularly noteworthy as it caters to the needs of over 1000 institutions globally already connected to Iress Viewpoint and Iress Pro. This means that straight-through access to CMC's single stock CFD portfolio is now readily available to these counterparties, contingent upon their completion of the standard CMC onboarding process.

Debbie Kaye, the UK Head of Trading at Iress, commented: “We’re thrilled to be able to provide CMC clients with direct access to the world’s markets, as well as the capability to monitor positions in real time. It means that their users can now trade CFDs with CMC through a single platform, greatly improving the user experience and making the trading lifecycle far more efficient.”