CFD - Emissions Trading
With the amount discussions going on around emissions trading, will CFDs experience another level of growth as a result of the hedging demands from carbon emitters?
Will emissions become tradeable like other commodities?
Will follow up with another post once i do more research on this.
CMC Markets Understanding volatile markets - Free Education Seminar
CMC as part of their series of education seminars is providing a free seminar on understanding volatile markets. People who register for the free seminar will receive a free copy of Real Traders II by Eva Diaz.
http://www.cmcmarkets.com.au/en/content/education/education_seminar.jsp
FP Markets Commission Free Trading
FP Markets is offering commission free trading when you present a contract note from your broker between 11 Feb and 11 March 2008.
Go to their website for more information.
http://www.fpmarkets.com.au/comm_promo.html
Fat Prophets CFD Trading Report
Fat prophets already run popular investment reports on Australian shares, mining shares, and UK shares.
They introduced a daily report in September 2007 which provides CFD trading advice on the equity, fixed interest, currencies and commodities markets.
Their website provides details of the performance of closed trades.
http://www.fatprophets.co.uk/cfd/content.aspx?page=Home
The Trading Game
This is an interesting idea. This website runs a CFD trading game which mirrors the real market but lagged. This will allow traders to test their skills before they use real money. http://www.tradinggame.com.au/
ASX CFD Seminars
ASX is running series of free seminars commencing in February 2008.
Don’t miss these seminars as they a valuable source of useful information if you are a beginner.
http://asx.com.au/investor/cfds/education/seminar.htm
CFD Trading Advice
I have come across some websites which provide CFD trading advice.Share Select provides a CFD select trading advice service which provided trading advice through SMS alerts.Wise-Owl provides a weekly derivatives report which contains a section for CFD trading strategies.Subscription to either of these packages is about $900 per annum respectively.
http://www.shareselect.com.au/
http://wise-owl.com/Report-Info.asp?report_id=3
ASX CFD
ASX CFD
ASX has started listing CFD contracts operated by the SFE. ASX CFDs are available on the top 50 stocks, global indices, selected commodities and currencies. The contracts will be more transparent than over the counter CFDs with greater investor protection.
Before you can start trading ASX CFDs you must sign up to a participating broker, the list of brokers are as follows:
ABN AMRO Morgans, Bell Potter Securities Limited, Commonwealth Securities, First Prudential Markets, MF Global Australia Limited, Morrison Securities Pty Limited, OMFinancial Limited, Sentinel Financial Group, Trader Dealer.
More info: http://asx.com.au/investor/cfds/index.htm
ATO Ruling on CFD for Self Managed Super Funds
ATO has released a ruling on use of CFDs for SMSF. The ruling basically allows the use CFDs in a SMSF for hedging pruposes.
Although the SIS Regulations specifically disallows SMSF from taking a loan (eg margin loan) a CFD is considered to be a contract between a CFD provider and investor to make contractual payments rather than repayments.
Additionally as long as no charge is made against the assets of the fund the use of CFD is permitted. The cash held in a CFD bank account is not considered a charge against the asset of the fund.
Interesting decision indeed.
http://law.ato.gov.au/atolaw/view.htm?docid=AID/AID200756/00001
CMC Markets Free CD ROM Course
CMC Markets is extending their free CD-Rom course offer to anyone that sign up before 31 May 2007. The course has a value of $1782.
http://www.cmcmarkets.com.au/en/content/open_an_account/special_offer.jsp