CMC Markets, a global trading technology provider, has officially opened a new office in Bermuda and received regulatory approval to conduct investment and digital asset business from the Bermuda Monetary Authority.

The expansion is aimed at supporting CMC’s global growth strategy by opening access to clients in regions previously unserved by the company’s existing international hubs.

Benjamin Charbonneau, global head of retail at CMC, described the move as a “decisive step in CMC’s mission to achieve global market leadership”.

“We have invested in verification technologies and developed a fully scalable platform, ensuring seamless onboarding and delivery of our industry-leading products,” he said. “This expansion will enable us to extend our reach to new markets worldwide, cementing CMC’s position as the pre-eminent provider of online trading services. We are confident in our ability to expand our client base and deliver exceptional value on a global scale.”

To streamline the onboarding process at the Bermuda office, CMC has partnered with Sumsub, a global verification platform, and FYNXT, a modular fintech platform serving multi-asset brokers and financial institutions.

The Bermuda launch follows a series of strategic alliances by CMC, including partnerships with UK-based neobank Revolut and New Zealand’s ASB Bank, as the firm works to broaden the reach of its diversified trading platform.

CMC Markets serves retail, professional and institutional clients with advanced online trading technology across multiple asset classes.