CMC Markets Stockbroking joins forces with theScreener

CMC Markets Stockbroking has signed a partnership agreement with theScreener, to become Australia’s first stockbroker to provide frequent traders with more detailed research, analyst reports and stock picking recommendations through a unique star-rated reports system.

theScreener is a leader in independent equity analysis. Created in Switzerland, theScreener’s powerful software computes complex calculations on over 5,000 companies and securities from both the local and international equity markets. It extracts the most critical technical and fundamental elements, to create star-rated reports, inclusive of risk profiles, for each stock.

Andy Rogers, Head of CMC Markets Stockbroking said, “As part of the investment program in our platform, we scoured the globe for a partner that could provide genuine stock-level investment insights that could be integrated with our online broking platform”.

“We chose to partner with theScreener because its software can recreate the sophisticated techniques traditionally used by professional investors. In the coming months we will provide this innovation to our self-directed retail customers, which is another compelling reason to switch provider to CMC Markets Stockbroking,” adds Rogers.

theScreener’s depth of analysis gives Australian traders visibility on the performance of all ASX-based stocks by providing fundamental, technical and projecting criteria. It also creates a star rating based on earnings revenue trend, price potential, medium term technical trend and relative performance. Complementing the upside star ranking is the risk evaluation, which takes into account both the historical bear market and bad news behaviour indicators.

Ernst Roth, Managing Director of theScreener Asia Pacific said, “We are excited to extend our services to Australian investors and expect them to benefit greatly from our clear objective analysis”.

“For over a decade theScreener has clearly shown that purchasing stocks when the star rating of the stocks move from two to three stars, and three to four stars, have provided the most favourable performance, both on an absolute and relative to the benchmark basis,” adds Roth.

“All traders with CMC Markets can now make better informed investment decisions by generating compact, detailed stock reports with the click of a mouse,” says Rogers.

Rogers adds that professional buy-side investors, those from private banking to asset and portfolio managers, use this software to sanity check investment decisions.

“Most platforms today offer standard fundamental research within aesthetically pleasing browsers but we aim to offer traders more. CMC Markets Stockbroking’s hallmark is delivering powerful tools and market leading innovations within our trading platform and theScreener is the latest example of this strategy coming to fruition,” says Rogers.

theScreener reports are re-evaluated each week and also include newly launched funds.

Rogers adds that whilst the software is very simple to use, CMC Markets award-winning Education Team will produce a series of webinars and blog posts to illustrate the software’s full range of capability and the results it can deliver.

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CMC Markets unveil its new stockbroking packages.

CMC Markets yesterday unveiled its new stockbroking packages, which the business says reaffirms its commitment to the Australian market and its serious intent to win substantial market share of the frequent trader segment.

The move by CMC Markets Stockbroking is the first in a number of initiatives that will see the business leverage its global expertise to become a dominant player in the Australian stockbroking market.

Andy Rogers, Head of CMC Markets Stockbroking, says rewarding frequent traders is at the heart of the new offer. “We are serious about delivering incredible value to frequent traders and believe our new brokerage packages and rates set us apart from the rest of the industry – particularly for the trader who executes larger trades.  There simply is no better offer on the market for frequent traders,” says Rogers.

The launch of the new packages reflects CMC Markets’ confidence in growing the stockbroking business with a particular focus on delivering cutting edge technology at a great price, with outstanding service that provides traders with immediate access to expert assistance.

From 2 October CMC Markets will offer packages for three types of stockbroking trader – ‘Classic’, ‘Active Investor’ and ‘Premium Trader’ tailoring the technical features and pricing for each group.  All categories will benefit from the best value pricing currently available.

 Table 1: CMC Markets Stockbroking new trading tiers

Frequent traders, a group encompassing Active Investors and Premium Traders, will pay from $9.90 or 0.08% for each trade and benefit from access to the most sophisticated technology available to traders in Australia.  For example, Premium Traders receive free access to dynamic data, technical analysis, research and trading ideas, and comprehensive tax and portfolio management tools.

“Our pricing is the best available on the market but what we are most proud of is the value we are able to offer traders, in particular frequent traders,” said Rogers.  “We’ve invested heavily in technology and as a result can provide even the most demanding traders with all the tools they need to trade successfully.  Add to this outstanding customer service whereby traders can get immediate assistance from our experienced and highly-skilled Sydney-based team and this is a package that really can’t be beaten by any other providers.”

Currently frequent traders account for around half of CMC Markets’ clients.  These frequent traders hold an average of 17 different securities at any one time and make around 25 trades every month.  Over the last 12 months the most popular securities traded were Linc Energy, Fortescue Metals Group, CBA, Telstra and Atlas Iron.

Mr Rogers added, “By understanding the needs of our frequent traders we are able to offer the best possible value, technology and service to this group.  We have forged strong, trusted relationships with our clients as a result of this understanding and our ability to deliver for them every time.”

As part of CMC Markets’ commitment to providing the best service for clients it recently moved its IT infrastructure within the ASX Australian Liquidity Centre (ALC).

“The purpose-built data centre is designed to meet the demands of the financial market community and provides CMC Markets Stockbroking with reliable access to trading data and venues. As we expand our online trading platform offering we are in the best position to take advantage of these state-of-the-art technologies and pass on the benefits to our clients,” concluded Rogers.

Table 2: Summary of new packages offered by CMC Markets Stockbroking

Table 3: Summary of technical features available to Premium Traders

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