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.

UK, IG Group posts higher Profit

July 20, 2011Andy No Comments »

IG Group has unveiled another set of record results for the year to May with profits and net revenues rising to record levels year-on-year, the spread betting and CFDs provider revealed yesterday in its preliminary results for the year.

UK, IG Markets updates iPhone CFD Application for DMA Access

May 28, 2011Andy No Comments »

CFD provider IG Markets has launched an updated version of its iPhone trading application offering Direct Market Access (DMA) share CFD trading from your iPhone.

UK, CMC Markets Launches New ‘Tracker’ CFD account

May 24, 2011Andy No Comments »

CMC Markets has launched a new ‘Tracker’ CFD account which allows traders to choose the exact level of funds required to finance their position – known as ‘customisable financing’.

UK, TD Waterhouse launches enhanced Retail Derivatives Service

May 19, 2011Andy No Comments »

TD Waterhouse, UK execution only broker which services more than 200,000 customers has enhanced its contracts for difference service by launching TD Derivatives Trading for CFD trades, which will also include Forex and Futures in partnership with Saxo Bank

Australia, ASIC aims to tighten rules around CFDs and Margin Forex Trading

May 10, 2011Andy No Comments »

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.

UK, Retrieving Money from Direct Sharedeal

May 7, 2011Andy No Comments »

Glasgow-headquartered CFD stockbroker has been put into administration. This could spell trouble for some IFAs.

Australia, Regulator to close loophole on CFDs Trading

May 4, 2011Andy No Comments »

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.

UK, Chief quits Betfair’s LMAX months after retail launch

April 4, 2011Andy No Comments »

The CEO of Betfair’s financial trading exchange LMAX has left the company – only three months after the trading platform launched for retail investors.

Australia, Former Macquarie fund manager sentenced for Insider Trading

April 1, 2011Andy No Comments »

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.

Australia, CMC Markets appoints new Australia and New Zealand head

March 13, 2011Andy No Comments »

Global derivatives company CMC Markets has appointed Louis Cooper to act as head of its Australian and New Zealand operations.

UK, IG Group Revenues up 10% in Quarter

March 11, 2011Andy No Comments »

IG Group which operates IG Markets registered revenue for the quarter amounting to £76m compared to £69m in the corresponding quarter in the prior year, an increase of approximately 10%.

UK, IG Markets Reduces Margins on Indices

February 22, 2011Andy No Comments »

Following the recent cuts made to IG Markets’ forex margins, IG have now proceeded to reduce the margin requirements for sixteen stock indices.

UK, Financial Ombudsman Service registers an Increase in Advisory CFD Services Complaints

February 19, 2011Andy No Comments »

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.

UK, IG’s Forex Margins Cut and iPhone Trading Application

February 14, 2011Andy No Comments »

IG Markets has announced that it is reducing its margin requirements to just 0.5% on ten major FX pairs. The company also said that its dealing app is now available for the iPhone.