A new academic paper investigates the after cost performance of investors in Australian Securities Exchange listed share CFDs.
South Africa’s Johannesburg stock exchange plans to start offering CFDs on its platform early in 2013. The JSE released the announcement this morning citing increased awareness and demand for the leveraged retail product.
The impending European Union rules governing over-the-counter derivatives, central counterparties and trade repositories (EMIR) targets to adopt the G20 commitment to oblige clearing of standardised OTC derivative transactions by central counterparties by the end of this year.
The Australian Securities & Investments Commission review of client money practices and reconciliation practices has found out that a number of issuers of OTC contracts for difference and margin FX derivatives are non-compliant.
Although the publication of the EMIR rules finally puts in place the broad regulatory framework to govern the OTC derivatives market and establishes common rules for central counterparties and trade repositories, much of the real detail has yet to be drafted.
The Monetary Authority of Singapore (MAS) is planning to tighten its rules regarding CFDs trading.
The NYSE Euronext (NYX) announced that it planning to launch a new derivatives marketplace in the UK and Europe in 2013 that will empower private traders and investors to trade CFDs mirroring currency pairs, commodities and other markets, according to insider sources.
Six leading CFD brokers in Australia have joined in an initiative to produce a set of 16 industry standards, including unconditional segregation of client funds as they attempt to win back the trust of traders and investors hit by the demise of MF Global.
The Australian Securities & Investments Commission has taken its crackdown on misleading ads for financial products and services one step further by issuing a guide that strives to restrict the language of financial planners.
IG Markets has launched a new platform designed to help traders research markets events and analyse data. The new research software application which IG has baptized as the new Insight platform is a centralised platform encompassing market data, live news and expert analysis on the financial markets.
After a few forays in Australia as a financier and platform provider for failed trading houses like Tricom and Sonray, Danish bank Saxo has decided to ramp up its business in Australia and has now opened a direct office in Sydney.
As from January 2012 Dutch listed companies are obliged to notify the market for substantial shareholdings including cash-settled financial instruments which have a similar economic effect to holdings of shares.
China is planning the setup of a Centralised Securities Lending Exchange to boost short-selling, a move that would add liquidity to its capital markets and help develop the country’s nascent hedge fund industry.
IG Group Holdings plc has issued a trading update relating to the six months ended 30 November 2011. It appears that market volatility keeps working in IG Markets’ favour.
In the aftermath of MF Global’s crisis last month, CMC Markets has formally announced that it has decided to completely split client investments and adopt a fully segregated client money model, including client margins to completely eliminate client risk in Australia and New Zealand.