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.
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.
The Financial Ombudsman Service (FOS) has registered an increase in complaints in relation to advisory CFD providers with particular emphasis on broker charges having reported 250 cases in the last few months.
The Financial Ombudsman Service, in a report to the ASIC, has urged the commission to increase protection for investors in CFDs. The ombudsman has called for more stringent minimum standards that would restrict CFD providers from allowing unexperienced clients to trade in the derivative products.
The United Arab Emirates and Qatar may well become the first two Gulf countries to permit short-selling as regulators try to revive trading volumes.
Capital CFDs back ASIC’s moves to close loopholes on regulations on the Australian market.
Investment bank Goldman Sachs has reportedly written down its £140 million stake in financial trading firm CMC Markets PLC only three years after making the landmark investment.
In a landmark case that has reached the Australian national tabloids, a young broker charged with multiple counts of insider trading in CFDs has received a four-and-a-half year jail sentence, the highest sentence on record…
The British FSA has charged five individuals with 17 counts of insider dealing in the latest sign of its tough approach to white collar crime.
Just a week after expressing concern about consumer understanding of over the counter products such as CFDs, the Australian regulator has issued a 45-page investor guide…
The Portuguese financial authorities and the CMVM have brought into force new rules regarding disclosure duties to the market with regards to cash-settled derivative contracts like CFDs and other financial instruments.
Chi-X is launching trading in a new type of instrument on 8 November 2010 – centrally cleared contracts for difference (ccCFDs). The FSA wishes to clarify in guidance how these instruments should be reported and which parties have transaction reporting obligations.
LCG plc, a leading online financial spread betting and trading company, is pleased to announce that, after successfully acquiring regulatory status with ASIC in Australia, it has today launched Capital CFDs; a CFD trading platform operating from Sydney, Australia.
The European Commission published a proposal (the Proposal) for a European Regulation on short selling and certain aspects of credit default swaps (CDSs)…