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.
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.
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.
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.
The Australian Securities and Investments Commission has tightened the rules governing contracts for difference which now require clearer disclosure in seven areas.
The Australian Securities and Investments Commission (ASIC) has proposed a tightening of the rules around the financial requirements for issuers of over-the-counter derivative products.
Glasgow-headquartered CFD stockbroker has been put into administration. This could spell trouble for some IFAs.
ASIC is thought to be working to close a loophole in CFD trading in which some CFD issuers keep trading even when the underlying security has stopped trading.
The CEO of Betfair’s financial trading exchange LMAX has left the company – only three months after the trading platform launched for retail investors.
Former Macquarie Bank trader Oswyn de Silva has been sentenced to 2 1/2 years’ jail time for insider trading by “front running” his orders on the Singapore Stock Exchange in 2006 and 2007.