Derivatives

It’s a boom – CFDs offering Direct Market Access take off

You’d think that battered equity markets would spell bad news for brokers, but anyone dealing Direct Market Access (DMA) CFDs is having a field day. Indeed, the rising popularity of DMA prompted IG Markets to launch a new CFD dealing platform based on the DMA model. The browser-based technology offers direct exposure to price variations,…

Trading CFDs full-time

Full-time traders used to be slick young traders on too much coffee who traded big sums for the big banks. Today, full-time traders come from all walks of life such as Newcastle-based mother of two, Justine Pollard, who trades Contracts for Difference (CFDs) from home. CFDs are criticised by many commentators as being too risky…

How to insure your investment portfolio before it’s too late

There’s nothing like a 23 per cent fall in the sharemarket to focus investors’ minds on protecting their portfolio. Arguably, it’s a bit late to think about this now but for those who have used the slump to establish new shareholdings, the summer’s experience should have portfolio insurance high on the agenda. You can get…

Battle of the CFD providers

The Australian contracts for difference (CFD) market is estimated to be worth up to $400 billion – not bad for a market that did not exist six years ago. But this very lucrative market is being competed for by providers of two different CFD trading models – the market-maker model, and the direct market access…

CFD fever hits Singapore

Peter Oxlade, senior vice president and head of CFDs & Securities for Man Financial, is under no illusions: establishing a viable presence in Singapore’s fledgling CFD market – and the wider Asian region – will be no walk in park. But he’s convinced, after slightly less than a year in Singapore, it’s a walk a…

How to trade CFDs without losing your shirt

Trading is a great occupation if you don’t lose money doing it. Once losses are made – and start to pile up – trading can begin to lose its appeal very quickly. Amateur traders who try their hand on Contracts for Difference (CFDs) can find that a small loss can escalate into a more serious…

$65,000 in a week trading CFDs

Will Kraa recently enjoyed a stellar run trading CFDs – pulling in $65,000 in just one week. Kraa, a former teacher and avid trader for the past six years, isn’t new to the sensation of multiplying his money trading CFDs. Back in 2003 when Kraa first tried his hand at the highly leveraged derivative, he…

How CFDs are taxed

If you’ve been unnerved at the market fall, and you dread conversations with your CFD provider, here’s a surefire way to turn the tables: ask your provider about the tax treatment of CFDs Your provider will instantly utter the weasel word “compliance”, firmly state that it couldn’t possibly be seen to be giving individual tax…