UK: New customers to trade CFDs commission free with City Index

February 24, 2009Andy No Comments »

City Index, one of the leading providers of retail CFDs and spread betting, is offering new customers 0% commission on all CFD trades From 16th February customers who open an account with City Index will be able to trade CFDs commission free for four weeks.

Shorting still weak after UK ban ends

January 30, 2009Andy No Comments »

There has been little evidence of increased short selling activity on UK financial stocks since the Financial Services Authority (FSA) lifted its ban on the practice on January 16.

FSA moves on Contracts for Difference

October 24, 2008Andy No Comments »

The City watchdog is pushing ahead with plans to force disclosure of derivatives that help investors stealthily build positions in target companies.

Trouble at Dealstream

September 23, 2008Andy No Comments »

Clients of Dealstream are concerned after the company’s trading system went down last week. Calls placed to the derivatives broker and its CEO Russell Leigh went unanswered Monday morning. Dealstream is one of South Africa’s largest CFD brokers.

Short-Selling Bans ‘Causing Chaos’

September 23, 2008Andy No Comments »

Britain was the first to ban investors from taking short positions on banking and financial institutions’ shares last week and was followed on Friday by bans in the US sharemarkets.

Global Forex Trading expands Australian offering

August 19, 2008Andy No Comments »

The contracts for difference (CFDs) are being run out of GFT’s London office and are available in Australia for the first time, marketing director Simon Marmot said.

FSA Fines e-mail Snooper

August 12, 2008Andy No Comments »

An IT technician has been fined £85,000 by the City watchdog for insider trading after he accessed confidential e-mails and used the information to bet on a fall in Body Shop’s share price.

London Brokers Raise Margins to Cover CFDs

March 25, 2008Andy No Comments »

Several of London’s stockbrokers have followed MF Global Ltd.’s decision to demand more money from its clients to cover derivative positions, the Daily Telegraph newspaper reported.

MF Global sees Liquidity; Ups some Margins

March 19, 2008Andy No Comments »

MF Global, a futures broker whose shares plummeted earlier this week on liquidity worries, recovered a bit on Wednesday after saying it has “close to $1.4 billion” in available liquidity.

Ireland: New product limits the dangers for smaller investors in CFD market

February 26, 2008Andy No Comments »

CMC Markets, a UK financial derivatives provider, is set to enter the Irish contracts for difference (CFD) market, offering a new product aimed at saving customers from the bloodbath experienced by investors in these instruments when the markets turned sour last year.

UK: CFDs come in for closer scrutiny

November 20, 2007Andy No Comments »

New rules may soon force holders of contracts for difference (CFDs) to reveal their hand. In proposals unveiled on Monday (12 September) the Financial Services Authority (FSA) says it may force disclosure of positions greater than 3%.

Ireland: Investors face tough CFD crackdown

October 21, 2007Andy No Comments »

Investors will be prevented from using contracts for difference (CFDs) from next month unless they satisfy strict new rules aimed at counteracting mis-selling of the high-risk stock market instruments.

PSE eyes equity derivatives for OFW market

September 19, 2007Andy No Comments »

The Philippine Stock Exchange (PSE) is studying the feasibility of introducing equity derivatives or contracts for difference (CFDs) to tap into the vast market of Filipino overseas workers in line with efforts to further spur the growth of the capital market.

Trading In Catastrophic Events

September 14, 2007Andy No Comments »

Climate Exchange Plc And Deutsche Bank To launch Trading In Catastrophe Event-Linked Futures On The CCFE

Heated points of difference – Australia

August 31, 2007Andy No Comments »

FULLY FRANK: The battle lines are being drawn for a memorable stoush over contracts for difference trading.