Recent content by tradeany

Either way he is guilty in my view, The controls, authorization processes and ultimate audit trail must be in place. That is his responsibility to ensure they are in existence and working. It clearly appears this is not the case or why so much debate on who did what and why this happened. Base...

It is not that the Irish believe him, or as he is Irish that he believes he will be will be believed. It is that big business white collar crime (of this nature e.g.Anglo Irish and many before them) goes completely unpunished in Ireland. They simply deny any wrongdoing and get away with it. I...

What has this to do with overseas jurisdiction? I believe OPs contention is that he was solicited by, signed up and always dealt with a major solvent betting firm and now they are effectively walking away from this mess under the umbrella of Worldspreads. Quite frankly I do not understand these...

So when and where do E & Y have to explain the situation? If the total value of the clients accounts (notwithstanding some "off balance sheet" ones) was so easy to be calculated last week, how difficult is it for an auditor to balance that value to trust/segregated bank accounts? Seems pretty...

Are realised gains that have accumulated (closed out) over time eligible for compensation by the FSCS or is it only initial deposit as fishee alludes to?

Can anyone clarify where Twoway spreads fit into this mess

Can you please explain how and why this is the case?

How are open positions closed or dealt with now?

Can anyone shed any light on how the Wall Street Futures dropped about 170 points in a 10 second period at 9.30 Uk time. I was in a Wall Street Rolling Daily position with a spread bet firm and got stopped out real bad. I called them and they confirmed no error and 2 other firms are indicating...

All, Thanks all for the advice...so here is the plan. 1. Put the real money a/c on ice for the moment. 2. Finish trader_dantes Making Money thread and understand and paper trade. 3. Read Malcolm Pryors book on spreadbetting 4 Trade only at 2% risk level on any trade on my demo a/c to eliminate...

I posted the below on the introduce yourself subforum, but since I would appreciate some advise that relates to spreadbetting, though I would repost it here I am eager to learn and willing to devote time. Hi all, I have just got into spread betting quite recently. I received in February what...

Getting started in Spreadbetting Hi all, I have just got into spread betting quite recently. I received in February what appeared to be a rather generous offer from paddyypower to cover my losses up t0 £400 for opening their trader a/c. (fyi I previously had a very small betting a/c with...