BNB babcock & brown limited

geni,I understand CFD's ok, however when I made my purchase I...

  1. 4,735 Posts.
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    geni,
    I understand CFD's ok, however when I made my purchase I recieved the usual confirmation notice of the transaction which states
    "Thank you for using IG Markets.

    This message is to confirm that you have placed the following trade:

    Date: x Jan 2009
    Reference: xxxxxxx
    Size: Buy xxxxx.0000 shares to open
    Market: Babbcock and Brown CFD
    Level: xx.00

    To me this is a contract.I dont see how they can,retrospectively,40 days on say "hang on we are gunna jack our margin up 4-5 times."
 
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