Quality of execution
and top execution venues
We are required to take all sufficient steps to achieve the best possible
result on a consistent basis when we execute orders on our client's behalf and this is known
as best execution.
In line with MiFID II, in order to provide transparency and allow
evaluation of our execution practices, we will publish execution data on this page.
We provide information on the execution venues we relied on for each of our
products and detail how we assess the quality of execution provided to clients.
Spread bets and CFDs
When you spread bet or trade CFDs with CMC Markets, you are contracting
with us and we act as the sole execution venue.
When you use our Prime FX or CFD Direct services, we are still the
execution venue. However, we directly replicate your trade in the underlying market, through
our liquidity providers.
CMC deals as principal in all cases and does not operate an order book in
which client's orders could provide or take liquidity, so we do not consider the distinction
between passive and aggressive orders to be relevant to CMC's reporting.
Download 2021 spreadsheet
Annual summary of execution
Our annual summary of execution is our assessment of the quality of
execution provided to our clients.
View our 2021 annual summary of execution