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.

MiFID II best execution for 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 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 2019 spreadsheet

Annual summary of our trade execution

Our annual summary of execution is our assessment of the quality of execution provided to our clients. CMC Markets has processes in place and runs reports to monitor and measure the quality of execution it delivers to clients, in real time and on a daily/monthly basis, assessing factors relevant to the achievement of best execution (listed in order of relative importance), including:

  • Price
  • Cost
  • Speed
  • Likelihood of execution

View our 2019 annual summary of execution

Best execution reports

Our best execution reports cover the quality of our execution for over-the-counter(OTC) derivative products, as part of the RTS 27 MiFID II requirement. Please note some files may be over 50mb in size.

Get report

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