Capital CFDs back ASIC's moves to close loopholes on regulations on the Australian market.
Category - Industry News
UK, Goldman Sachs writes down stake in CMC Markets
Investment bank Goldman Sachs has reportedly written down its £140 million stake in financial trading firm CMC Markets PLC only three years after making the landmark investment.
Australia, Joseph Hartman falls from Luxury to Jail for Insider Trading
In a landmark case that has reached the Australian national tabloids, a young broker charged with multiple counts of insider trading in CFDs has received a four-and-a-half year jail sentence, the...
UK, Former Blue Index Directors & Trader Charged by UK’s FSA With Insider Trading
The British FSA has charged five individuals with 17 counts of insider dealing in the latest sign of its tough approach to white collar crime.
Australia, ASIC releases Investor Guide about CFDs Trading
Just a week after expressing concern about consumer understanding of over the counter products such as CFDs, the Australian regulator has issued a 45-page investor guide...
Portugal, Disclosure of Long Financial Exposures for CFDs
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...
UK, FSA releases Guidance on Transaction Reporting of Chi-X Centrally Cleared CFDs
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...
Australia, Capital CFDs: Launch of CFD service in Australia
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...
EU, More Details on Proposed Regulation on Short Selling
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
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...