And isn't ASX responsible for CFD'S? I was invited to a commsec/ASX seminar on CFD'S that would be starting in August (of all months). I questioned them about CFD'S and they told me "if you can't afford CFD'S don't." Well, my argument is if you CAN afford them, why have your money in CFD'S to be dictated by AXS, etc.
When AXS sent me an email whether I would be interested in starting up a CFD account I replied that they should not exist and was opposed to CFD'S. Margin lending in these times is bad enough.
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