Archive for the ‘Industry Happenings’ Category

Australia, Leading CFD Providers form Industry Body

April 3, 2012Andy No Comments »

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.

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Australia, Saxo Capital Markets Launches Australian Retail Operations

February 1, 2012Andy 1 Comment »

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.

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China, China looks to Strengthen Short Selling Activity

January 21, 2012Andy No Comments »

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.

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Singapore, Worried Singapore investors rally at MF Global office

November 3, 2011Andy No Comments »

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.

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USA, MF Global Files for Bankruptcy After Bad Bets on European Debt

November 1, 2011Andy No Comments »

MF Global filed for bankruptcy on Monday morning in New York after revealing $6.3bn of eurozone debt exposure…

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Australia, Technical glitch takes ASX offline for hours

October 30, 2011Andy No Comments »

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.

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USA, MF Global Acquires Multi-Asset Retail Trading Platform

October 23, 2011Andy No Comments »

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

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UK, TD Waterhouse launches enhanced Retail Derivatives Service

May 19, 2011Andy No Comments »

TD Waterhouse, UK execution only broker which services more than 200,000 customers has enhanced its contracts for difference service by launching TD Derivatives Trading for CFD trades, which will also include Forex and Futures in partnership with Saxo Bank

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UK, Chi-X Europe and LCH.Clearnet offer CFD clearing

January 11, 2011Andy No Comments »

LCH.Clearnet has been reported to have joined forces with Chi-X Europe, Europe’s second-largest equities market stock trading hub, to launch the world’s first contract-for-difference (CFD) clearing service) for institutional investors.

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France, French Regulator Urges Public Caution On Forex CFDs

December 2, 2010Andy No Comments »

The French market regulator Wednesday called for ‘caution’ on foreign-exchange trading via Contracts For Difference, or CFDs, and forex forwards.

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UK, IG Group faces €25m claim from former Echelon Clients

November 23, 2010Andy No Comments »

Three ultra-rich clients of the collapsed Scottish trading house Echelon Wealth Management are suing IG Group for damages amounting to more than €25 million (£21.3million).

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UK, London Multi-Asset Trading Exchange Debut Today

October 25, 2010Andy No Comments »

Betfair’s financial trading spinoff, LMAX which stands for London Multi-Asset Exchange, will make its debut today, seeking to connect retail investors online and book a commission on their trades.

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UK, London Stock Exchange launches CFD ‘swaps portal’

October 15, 2010Andy No Comments »

The LSE (London Stock Exchange) yesterday announced that it was extending its UnaVista business service to the swaps market, automating the trading of contracts for differences and other security derivatives…

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EU, European Commission releases proposals on OTC Derivatives Markets and Short Selling

September 21, 2010admin No Comments »

Today, the European Commission (EC) released proposed regulations on over-the-counter (OTC) derivatives, central counter parties and trade repositories, which is intended to bring more safety and more transparency to the OTC derivatives market.

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South Africa, IG Group’s Acquisition of IdealCFDs

September 10, 2010Andy No Comments »

FTSE 250-listed IG Group Holdings, the power behind CFD provider IG Markets has announced its acquisition of South African (CFD) company, IdealCFD Financial Services.

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