U.K. online trading platform CMC Markets PLC expects to beat market consensus in terms of net operating income for fiscal year ending March 31.

The fourth-quarter 2019 underlying net operating income performance has continued to maintain momentum, while client income retention continues to be higher than the first half. Additionally, heightened trading activity has been seen among CMC's clients.

The coronavirus outbreak, which has rocked the global financial markets but has also resulted in more intensive trading activity and higher volatility, has reportedly helped online trading platforms, according to a Reuters report.