CMC Markets haslaunched MetaTrader 5 in Canada, expanding its platform offering for retail andprofessional clients. With MT5, clients cantrade more than 1,100 instruments through a single account. These include USand Canadian shares, indices, commodities, and forex.CMC Markets Expands Canada MT5The launch is part ofCMC Markets’ continued investment in technology and product development inCanada. The company said it aims to offer “more flexibility” and wider marketaccess.Separately, CMCMarkets is also making structural changes in its Asia operations. The groupis consolidating its corporate setup in Singapore by merging its stockbrokingentity with its main local unit. It will continue to operate both the CMCMarkets and CMC Invest platforms for now.Felix Wong, VicePresident of Distribution at CMC Markets North America, said “The launchexpands platform choice for our Canadian clients” and that it “complements CMCMarkets’ existing offering.” He added that combining MT5 with access to morethan 1,100 instruments provides greater flexibility in how traders engage withmarkets.CMC Targets Super App ExpansionCMC Markets is progressingits multi-asset app strategy, which forms part of its longer-term plan todevelop a broader financial platform. The first phase consolidates traditionalfinance products into a single platform. The second phase is expected tointroduce decentralised finance products alongside pension and tax-wrapperaccounts, as well as tokenised assets, stablecoins, and CapX investing. Thethird phase is planned to include payments and banking services.Separately, CMCMarkets has also been expanding its core over-the-counter product range,including the recent introduction of weekend gold trading amid increased demandfor the metal.CMC Markets Profit Rises to £101mCMC Markets reported netannual operating income of £392.6 million for the year ended 31 March, up15 per cent year-on-year. Pre-tax profit rose 20 per cent to £101.3 million,with margin improving to 25.8 per cent. EBITDA increased to£117.8 million and earnings per share rose to 27.5 pence. The company said itdelivered its strongest performance outside FY2021, supported by volatility andgrowth in institutional and B2B income, alongside record results in Australia.This article was written by Tareq Sikder at www.financemagnates.com.