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.

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.

UK, LCH.Clearnet goes live with CFD Clearing

October 27, 2010Andy No Comments »

LCH.Clearnet Ltd (LCH.Clearnet) has launched with Europe’s first clearing service for CFDs. LCH.Clearnet is the central counterparty to LMAX, the new multilateral trading facility for retail customers owned by betting exchange Betfair.

Australia, Capital CFDs: Launch of CFD service in Australia

October 25, 2010Andy 1 Comment »

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.

UK, London Multi-Asset Trading Exchange Debut Today

October 25, 2010Andy No Comments »

Betfair’s financial trading spinoff, LMAX which stands for London Multi-Asset Exchange, will make its debut today, seeking to connect retail investors online and book a commission on their trades.

UK, FTSE 100 and Dax 30 Spread Cuts at IG Markets

October 21, 2010Andy No Comments »

IG Markets, a leading provider of spread betting and CFDs products has announced that it has further improved its pricing on a number of popular index contracts.

UK, London Stock Exchange launches CFD ‘swaps portal’

October 15, 2010Andy No Comments »

The LSE (London Stock Exchange) yesterday announced that it was extending its UnaVista business service to the swaps market, automating the trading of contracts for differences and other security derivatives…

EU, More Details on Proposed Regulation on Short Selling

October 9, 2010admin No Comments »

The European Commission published a proposal (the Proposal) for a European Regulation on short selling and certain aspects of credit default swaps (CDSs)…

Ireland, Regulator to Outline CFD Disclosure Framework within a month

October 9, 2010Andy No Comments »

Irish Finance Minister Brian Lenihan has announced that new rules regulating CFDs will be rolled out within a month, forcing investors to disclose the building of stakes in companies using such financial instruments.

Australia, Ex-Macquarie Banker pleads guilty to Insider Trading

September 23, 2010Andy No Comments »

A former Macquarie Bank portfolio manager has pleaded guilty to insider trading on 12 occasions which amounted to more than $1.4 million in gross profit, an ASIC investigation has found.

EU, European Commission releases proposals on OTC Derivatives Markets and Short Selling

September 21, 2010admin No Comments »

Today, the European Commission (EC) released proposed regulations on over-the-counter (OTC) derivatives, central counter parties and trade repositories, which is intended to bring more safety and more transparency to the OTC derivatives market.

South Africa, IG Group’s Acquisition of IdealCFDs

September 10, 2010Andy No Comments »

FTSE 250-listed IG Group Holdings, the power behind CFD provider IG Markets has announced its acquisition of South African (CFD) company, IdealCFD Financial Services.

Australia, ASX Derivatives Trading sees 9% Growth in August

September 6, 2010Andy No Comments »

The Australian Securities Exchange reported a 9% rise in the total value of all CFD trades to $371.6 million in August, during which 16.3 million contracts were traded.

Australia, CFD Growth Continues

August 26, 2010Andy No Comments »

The market for CFDs in Australia keeps expanding, according to new research released by Investment Trends. IG Markets is now the biggest provider with respect to primary relationships with CFD traders holding 29 per cent of the market, while CMC Markets still leads…

UK, Betfair’s CFD Exchange Platform gains FSA approval

August 16, 2010Andy No Comments »

Online sports betting exchange operator Betfair is preparing to launch a multilateral financial trading facility for CFDs via its subsidiary LMAX, that is planned to compete with the London Stock Exchange.