LCH.Clearnet has been reported to have joined forces with Chi-X Europe, Europe’s second-largest equities market stock trading hub, to launch the world’s first contract-for-difference (CFD) clearing...
Category - Industry Happenings
France, French Regulator Urges Public Caution On Forex CFDs
The French market regulator Wednesday called for 'caution' on foreign-exchange trading via Contracts For Difference, or CFDs, and forex forwards.
UK, IG Group faces €25m claim from former Echelon Clients
Three ultra-rich clients of the collapsed Scottish trading house Echelon Wealth Management are suing IG Group for damages amounting to more than €25 million (£21.3million).
UK, London Multi-Asset Trading Exchange Debut Today
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, London Stock Exchange launches CFD ‘swaps portal’
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...
EU, European Commission releases proposals on OTC Derivatives Markets and Short Selling
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...
South Africa, IG Group’s Acquisition of IdealCFDs
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, Broker Sonray Capital Markets goes into Administration
Broker Sonray Capital Markets has collapsed in Australia, resulting in the seizure and freezing of about 3000 client accounts who have their money tied up in a pooled account.
LCH.Clearnet & Chi-X set to clear European Equity CFDs
LCH.Clearnet Limited (LCH.Clearnet), working with Chi-X Europe Ltd, will launch a unique contract-for-difference (CFD) clearing service.
LSE Drops Plan to Offer CFD, Stock Trading on Same Platform
London Stock Exchange Group Plc said it 'put on hold indefinitely' plans to offer trading of contracts for difference and stocks on the same electronic platform.