According to the report, CMC Markets Plc (LON: CMCX), a leading provider of online trading and institutional technology solutions, has recently announced that members of its senior management have acquired shares in the company under the CMC Markets Share Incentive Plan.
Euan William Marshall, who serves as the Chief Financial Officer of CMC Markets, and David John Fineberg, the Deputy Chief Executive Officer, are the executives who made the transactions. The acquisitions were made on May 5, 2023, with each executive purchasing 164 shares at a price of 181.9851p per share.
Notably, Mr. Marshall and Mr. Fineberg had also acquired shares in the company about a month ago, on April 3, 2023, with each purchasing 180 shares at a price of 168.8p per share.
Euan Marshall joined CMC Group in 2011 and has since held various roles across the finance function, including Group Head of Finance, before being appointed as Chief Financial Officer in 2019. In his current role, he is responsible for managing all finance functions globally and investor relations. He has 19 years of experience in financial services and business consulting, having previously worked for Barclays, HSBC, and Deloitte. Mr. Marshall holds a Bsc in Economics from the University of Nottingham and has been a member of the Chartered Institute of Management Accountants since 2005.
David Fineberg, on the other hand, joined CMC in 1997 and has worked on the trading desk, developed the Groups spread bet dealing desk, and managed the UK and US equity books as a senior dealer. He has held several roles since, including Group Head of Trading and Group Commercial Director, before being promoted to Deputy CEO in April 2019.
These recent transactions by CMC Markets’ senior management reflect their confidence in the company’s future prospects and long-term growth potential.