Channel Ranger Software For Much Longer

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With CFDs offered in many countries around the world including Australia, Canada, Singapore, Japan, UK and throughout Europe, why is it that CFDs are not yet available in the USA? CFDs are on over the  http://channelrangerreviewx.com/ counter derivative and as such are unregulated by the SEC. They are available to sophisticated or professional investors in the US, but not to the general public.

But that is all about to change. With concerns lingering about derivatives and the impact on the US housing market, it is not an easy environment to launch a new derivative product. Rather than try to change the rules, IG Markets have come up with a solution that works around the current regulations.

The UK-based company wants to use Nadex, a retail-focused online futures exchange in the US, to facilitate the sort of products for which the company is best known in other markets. In what IG Group says is a key decision, Nadex last week secured regulatory permission from the US Commodity Futures Trading Commission to make various technical changes. That will allow retail investors to trade binary options and spreads on equity index futures, forex and commodities through intermediaries.

IG Markets believe that from the clients' perspective, the products it plans to offer in the US would in many ways be "to all extents and purposes the same as CFDs", although one key difference is that they will not allow trading in individual stocks.

Industry analysts and executives warn that while potential demand in the US is substantial, IG faces challenges. Some observers are skeptical over its chances of success, given that one of its rivals tried and Channel Ranger Review failed to venture into the country. CMC Markets opened an office in New York earlier in the decade with a view to expansion, but closed it two years ago due to difficulties arising from the stringent regulatory regime. Despite this CMC Markets successfully launched CFDs in Canada after a 3 year wait for regulatory approval.

And IG Markets are confident that they can launch successfully. Mr Beinart says that IG Markets, through Nadex, has sought to capitalise on regulators' desire to shift over-the-counter financial products on to exchanges. "They like everybody to trade everything on exchange. We are exactly what the regulator wants."