Archive for August, 2011

Ireland, Seán Quinn’s Incredible Half a Million Punt on Anglo-Irish Bank’s Stock

August 26, 2011Andy 1 Comment »

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.

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Australia, Beware of Frontline Financial Planning: ASIC

August 18, 2011admin No Comments »

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

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Australia, Slow Down in CFD Activity

August 17, 2011Andy No Comments »

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.

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UK, LMAX Troubles

August 15, 2011Andy No Comments »

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.

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Australia, ASIC seeks more Disclosure on CFDs‎

August 14, 2011Andy No Comments »

The Australian Securities and Investments Commission has tightened the rules governing contracts for difference which now require clearer disclosure in seven areas.

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