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.
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.
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’.
ETX Capital was reported by CityAM to have expanded its range of markets by introducing Eastern European forex pairs and shares to its CFD platform.
The French market regulator Wednesday called for ‘caution’ on foreign-exchange trading via Contracts For Difference, or CFDs, and forex forwards.
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.
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.
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…
Gain Capital’s forex trading division has just announced the launch of share index CFDs to its forex offering in Australia and the launch of a new Australian website for its clients.
On July 19, the Committee of European Securities Regulators (CESR) published a consultation paper (CESR/10-610) on the standardization and exchange trading of over-the-counter (OTC) derivatives.
CFD holders which were at the center of the Quinn/Anglo Irish controversies, should face additional restrictions, corporate enforcement watchdog Paul Appleby has stated…
The Australian Securities and Investments Commission (ASIC) says it will be closely monitoring certain trading tools when it takes over the supervision of financial markets later this year.
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.
The Australian Stock Exchange is establishing the world’s first exchange-traded market for contracts-for-difference on the Sydney Futures Exchange, after yesterday naming eight broking firms as designated price-makers.
Stock Exchange officials will meet the Revenue today in a continuing campaign to head off the imposition of stamp duty on a major hedge fund activity.