MF Global looks to launch FX CFDs
HONG KONG - MF Global plans to launch currency-linked contracts-for-difference (CFDs) in Hong Kong, Singapore, Japan and Australia in the first half of 2009.
CFDs enable clients to trade multiple asset classes from a single account and attracted increased interest in the second half of last year, said Gavin White, head of over-the-counter CFD sales and trading at MF Global in Hong Kong.
"During the subprime crisis, a lot of individual stocks were badly damaged, so both professional and
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