I find it interesting that MF Global (old Man Financial), are one of the top 3 or 4 CDF providers in Australia...
They have what appears to be in the range of 5-8% of our market...interestingly, about the same as what Opes Prime had prior to their demise.
My interest however lies in the fact that in the same list that shows MF Global with 5-8%, both Comsec and Etrade also show up as CFD providers.
I am wondering if MF Global's real exposure is actually much larger than the 5-8% quoted?
I am with Etrade...and their CFD provider is MF Global.
I have friends with Comsec...and their CFD provider is also MF Global.
It would appear from the list thet these may well be separate to the MF Global market share...
So, my question is...exactly what market share does MF Global actually have?
Cheers!
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