After the Opus prime fiasco, I suspect ANZ (Etrade), is covering their collective buts...
This may have an impact on the use of their CFD facility...I know I took all my money out of my CFD account on the downgrading of MF global's credit rating and fall in share price.
I wonder how many CFD positions will be unwound on this news?
Most of which I would assume are shorts?
Cheers!
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