Month: December 2021

Why has the US banned CFD trading?

The US stock index futures exchanges (CME) stopped all CFD trading in the USA.

What is a CFD?

As you know, the CFD market is extremely popular in both the UK and USA. However, CFD trading has been banned in the USA since 2012.

To get around this ban, many brokers started offering a new type of contract that allowed traders to speculate on currencies – the Contingent Forward FX (or CFP).

The CFP has a lot of similarities with the futures markets. One contract represents $10,000 worth of currency, and they trade both on an exchange and OTC.

What is the problem?

The problem is that these contracts are not as transparent as the more common CFDs. There were rumours that some brokers were manipulating prices to their advantage by either setting lower limits for price movements or by rigging quotes.

Nevertheless, CME’s decision to stop all trading in … Read more

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Hollywood Movie Rating, Latest Movie Review (3)

Movie ReviewsEmboldened by the success of the earlier films, director duo Farhad-Sajid strategy this one with the finesse of an elephant on a rampage. To discuss offensive jokes and horrible performing would be stating the apparent. This film has nothing new to say – it just regurgitates outdated material within the hope that audiences haven’t advanced or have a brief-time period memory and can chortle on the jokes once more.

annart; thanks very much for your go to and your beneficiant remark. It makes the effort and time taken to jot down the overview appear worthwhile! I know what you imply about James Stewart; he is probably my all-time favourite actor, partly for the varieties of characters he usually performs, but additionally for that slow drawl of an accent which is really easy on the ear. Cheers. Alun.

The appearing was excellent and everyone that returned topped themselves compared to The … Read more

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