Archive for November, 2010

UK, Former Blue Index Directors & Trader Charged by UK’s FSA With Insider Trading

November 26, 2010Andy No Comments »

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.

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Australia, IG Markets Responds to the ASIC Report

November 26, 2010Andy No Comments »

IG Markets, one of Australia’s leading CFD Providers has responded to the ASIC report by issuing a press release stating that it supports ASIC’s proposed introduction of disclosure benchmarks for CFD providers..

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Australia, ASIC releases Investor Guide about CFDs Trading

November 25, 2010Andy No Comments »

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…

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UK, CMC Markets Introduces Precision Pricing

November 24, 2010Andy No Comments »

CMC Markets has introduced new pricing technology which we are told provides a greater degree of transparency on pricing of CFD contracts plus a number of spread cuts..

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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, Team Sky new Official Partner: IG Markets!

November 19, 2010Andy No Comments »

CFD provider IG Markets, part of IG Group has become the official sponsor of professional British road cycling outfit Team Sky. Team Sky is Britain’s leading professional cycling team and the announcement makes IG Markets an Official Partner of Team Sky.

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Portugal, Disclosure of Long Financial Exposures for CFDs

November 19, 2010Andy No Comments »

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.

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UK, FSA releases Guidance on Transaction Reporting of Chi-X Centrally Cleared CFDs

November 9, 2010Andy No Comments »

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.

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