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.
Private investors in Singapore concerned about their investments rallied outside MF Global’s local offices in the country but ended up distressed and empty-handed on Wednesday after they were informed that their dealing positions were closed and their funds were presently frozen.
MF Global filed for bankruptcy on Monday morning in New York after revealing $6.3bn of eurozone debt exposure…
Australian Stock Exchange operator ASX Group stopped market trading last week due to technical problems, leaving brokers and CFD traders furious during a period of extreme market turbulence.
MF Global Holdings Ltd., a broker-dealer based in New York that provides stock market trading and hedging solutions has just announced that it has acquired Chicago-based Strategy Runner Trading Ltd
IG Markets has developed a new trading application specifically for the iPad which is now available for download from the App Store.
Russell Johnson, a co-founder of collapsed brokerage company Sonray Capital Markets appeared in a Melbourne court on 24 charges including theft, conspiracy and dishonesty over his role in the downfall of Sonray.
IG Markets, one of the leading global providers of CFD trading has witnessed its busiest month ever as far as transaction numbers and revenue go according to a press release from the company.
After seeking more disclosure from CFD companies, the Australian Securities & Investments Commission is now looking to curtail cases of abuse involving misleading and deceptive advertising by financial services companie
It is thought that Sean Quinn bought over half a billion worth of shares in Anglo-Irish Bank on a single day, on two separate occasions.
It has been reported that Frontline Financial Planning, a company that is presently under investigation by ASIC is running an unauthorised operation offering Australians the ability to buy and sell CFDs and trade foreign exchange
The number of investors dealing in CFDs in Australia has slowed down given the persisting high levels of market volatility and increased awareness of the risks involved.
Apparently things aren’t too well over at LMAX. The LMAX CFD and FX trading backed by Goldman Sachs and owned by Betfair reported a pre-tax loss amounting to £13.2m in the year to April 30, 2011 on revenues of £271,000.
