CMC Markets Partners with Revolut for Offering Multi-Asset Trading Services

CMC Markets, an industry-leading financial services broker, recently entered into a strategic partnership with Revolut, a neo-banking fintech company. Through the integration of multiple APIs, Revolut's clients will be able to access CMC's trading universe through this banking application.

CMC Markets Connect (CMC Connect), the institutional business unit of CMC Markets, reportedly provides the back-end infrastructure, such as trading, pricing, execution, clearing and account systems, to bring Revolut's clients financial products such as FX, indices and equity CFDs. As the partnership progresses, additional asset classes may be introduced in the future.

Lord Cruddas, CEO of CMC Markets, said: “The partnership facilitates back-to-back trading with Revolut, along with a complete back-end integration, providing their customers with access to the CMC Markets Connect trading universe.”

“This important partnership reinforces CMC’s position as a market leader and innovator in the B2B fintech space. It illustrates how CMC can fully support institutions looking to offer financial products with a full technology and trading infrastructure, ” he added.

As a global neobank, Revolut has worked with many FinTech firms to ensure their clients’ access to the best-in-class solutions for their investing needs, according to a spokesman of the company.