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.