Online trading platform CMC Markets Plc pointed to a pick-up in client activity in September on Thursday, as the China Evergrande debt crisis and inflation concerns spurred market volatility and boosted trading volumes.
Stocks globally have retreated in recent weeks after months of recovery, due to concerns about property developer China Evergrande and rising inflation, pushing the CBOE volatility index, or Wall Street’s fear gauge, to a four-month high.