July 18, 2004guidfarr
Tweet THE shares at the centre of a controversial wager that sparked a major investigation now belong to the owner of the spread-betting firm that first accepted it. Intercapital Private Group, owner of betting firm City Index, now holds 16.52% of biotech company Cyprotex, which it bought at 1p a share. The shares closed on [...]
Read More »
Posted in Uncategorized |
July 18, 2004guidfarr
Tweet PAUL MYNERS and Philip Green did not agree on much about Marks & Spencer this week. They were united, however, in their frustration over contracts for difference (CFDs). Both sides’ efforts to fight a responsible, rules-based battle for the future of one of Britain’s top companies were undermined by this insidious and ever-so-smart financial [...]
Read More »
Posted in Uncategorized |
July 17, 2004guidfarr
Tweet ACCORDING to the finest theoretical minds in finance, you cannot time the market. That is to say, you cannot pick the time to get in or out of a stock so that you make more money than if you had just bought or sold at random. The theory seems to fly in the face [...]
Read More »
Posted in Uncategorized |
July 15, 2004guidfarr
Tweet The London-based financial spread betting company, has launched miniCFDs (www.miniCFDs.com) This new online product makes Contracts for Differences (CFDs) accessible to many more investors, with a low minimum deposit of GBP100 or EUR100, no minimum commission, and trade size as low as one CFD. There is no UK stamp duty (normally 0.5% on share [...]
Read More »
Posted in Uncategorized |