Archive for August, 2005

FSA warns on investment firm

August 31, 2005guidfarr No Comments »

Tweet The Financial Services Authority warned consumers about an unauthorised investment firm that is believed to have promised people returns of 10% a month but had spent the money on activities such as spread-betting. The watchdog said Henry Ofili, of Stoke Newington, north London, was running an illegal investment business, Adams & Adams Investment Services. […]

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Punters aim to cash in even if house prices fall

August 27, 2005guidfarr No Comments »

Tweet It was not long ago that dinner parties in the south-east were dominated by guests trying to out-do each other with claims about how much their homes had risen in value. No longer. The market has cooled and yesterday Hometrack’s August house price survey reported an average fall in prices of 0.1pc – the […]

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Millionth trade made on Global Trader

August 26, 2005guidfarr No Comments »

Tweet [Johannesburg, 25 August 2005] – Five-year-old online financial trading institution Global Trader recorded its millionth trade today. Stephen Nefdt, a trader who owns his own IT consultancy, placed the millionth trade at 7.40am on the dollar yen. Global Trader offers a spread trading and a contracts for difference (CFDs) execution service to institutional and […]

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Property punters more optimistic

August 23, 2005guidfarr No Comments »

Tweet Across the UK, spread betters have become more optimistic about property prices. Spread betting company IG Index’s Scottish clients are predicting the average house price will have risen 2.1% to £109,500 by March next year. By June, the typical Scottish house is expected to be worth £112,000, 4.4% up on current prices. “Our clients […]

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Deal4Free Spread Betting Introduces One-Click Dealing

August 9, 2005guidfarr No Comments »

Tweet Deal4Free continues to invest in its technology, this remember from a company that was one of the first to aggressively take advantage of the internet. The company has released ‘One-Click’ which means faster access to trades on their award-winning trading platform MarketMaker®. Is Speed Important? Speed on executing a trade is all important in […]

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Global Trader gets licence

August 8, 2005guidfarr No Comments »

Tweet Irish financial spread betting firm Global Trader has been granted a licence to operate in Ireland and Britain by the Financial Services Authority (FSA). The company says the licence is designed to boost confidence in spread betting firms and ensure that it is not seen as operating in “shady” markets. Global Trader plans to […]

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Traders long of pound and silver, no longer short of indices

August 3, 2005guidfarr No Comments »

Tweet Many of the spread betting punters who were short of the Dow and the FTSE over the last two months have now been stopped out, but sentiment has still not moved over to the bullish side. Bookmakers say that traders tend to be long of individual shares, but split on whether the FTSE and […]

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How to cash in on the float of the renminbi

August 2, 2005guidfarr No Comments »

Tweet Investors who want to profit from the potential for an appreciating renminbi have several options: they could bet on the currency markets, buy British stocks that stand to benefit or invest in funds that aim to exploit the long-term trend. Currency You could simply buy Chinese currency and hold it in the hope that […]

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