I don't use CFD's but use Man's trading platform to keep an eye on the market. Got this email this arvo which might be of interest ...
Dear Client,
Due to ASIC's prohibition on short selling ASX listed shares, MF Global is experiencing higher stock recalls from our stock lenders than usual. Correspondingly, therefore, please note that MF Global may have to recall certain existing short CFD positions held by our clients.MF Global will use best endeavours to contact affected clients with existing short CFD positions, but you should be aware that this may not always be possible.
Kind regards,
RICHARD AVERY-WRIGHT
HEAD OF CFDs
MF GLOBAL AUSTRALIA LIMITED
p. 1800 626 099
e. [email protected]
www.mfglobal.com.au
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- ASX - General
- yeah go on blame short selling
yeah go on blame short selling, page-194
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