CFD NEWS
BARCLAYS LAUNCHES IPHONE APP
Barclays Stockbrokers launched a free iPhone application for its contracts for difference (CFD) clients yesterday. In addition to the standard features common across most iPhone trading applications, Barclays Stockbrokers are offering account holders the ability to view their trading history, multiple watch lists and real time updates on their account’s profit and loss statement. It can be downloaded for free from the Apple iTunes App Store.
CMC MARKETS’ NEW CFD PLATFORM
CMC Markets will be launching a new CFD platform in the next quarter. It will be based on the look and feel, pricing and next generation charting facilities available on its spread betting platform. Craig Inglis, CMC Markets’ project manager, said that the new platform will include “a major piece of new functionality” that is not currently available from any other provider. He refused to reveal any more.
etx capital expands its offerings
ETX Capital has expanded its offerings by introducing Eastern European currencies and equities to its CFD platform. It is now quoting the Polish zloty, Hungarian forint and the Czech koruna. It has also started to offer CFD futures and options trading. The CFD platform is also available on the iPhone via an application, so keen traders can now trade on key markets on the move, 24-hours a day.
CAPITAL CFDS DITCHES DEPOSITS
Capital CFDs has decided to ditch charging a deposit for trading on CFDs. Instead, it intends to charge a small additional spread. For example, for FTSE 100 stocks the additional spread is 0.05 per cent – that is five basis points either side of the market spread. Angus Campbell, Capital CFD’s head of sales, says that this is “very cheap indeed”.