Online trading

CMC Markets e-commerce platform to create jobs with large downtown office

An e-commerce platform has announced plans to open an office in Manchester city centre, creating new jobs.

CMC Markets aims to launch a tech hub in the city this summer.

The company is headquartered in London and has not yet confirmed the exact location of its planned new base or the number of jobs that will be created in Manchester.

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In a statement, the firm said the “decentralization” of its London office will support “CMC Markets’ high growth strategy, enabling the firm to tap into the region’s top talent, build on its stack technology, expand its product offering and maintain its enviable market-leading position”.

Deputy Managing Director David Fineberg said: “Manchester is quickly emerging as one of the country’s leading technology hubs.

“This investment from CMC will not only allow us to create jobs in the region, but it will also allow us to leverage the city’s dynamic and growing fintech sector and tap into the diverse and highly skilled workforce. qualified.

IT Development Manager Simon King added: “We are really excited about the potential that an office in the North West brings to us.

“As a company, we know that our customers want to see new product ideas and new solutions deployed quickly, which depends on us having the right skills at our disposal.

“While many companies may tackle a problem like this by looking to outsource work, we have chosen to build technology teams in our new Manchester hub where there is already a growing FinTech sector, a significant talent pool and a number of world-renowned universities.

“We believe we can bring a step change to the business and support the upgrade program.”