Barclays Share Discussion Threads

[smurfy2001] 06/12/2016 15:55

Nice breakout on the long term chart

[smartypants] 06/12/2016 15:25

Thank you reimomo
So can you please indicate which irrational direction the "market" might move next so that I might avoid some expense ?

[qantas] 06/12/2016 15:22

82% CFD Have lost money.

New rules to help protect investors using financial spread betting - in which 82% have lost money - have been proposed by the financial watchdog.

The Financial Conduct Authority wants to tackle the "contract for difference" (CFD) market, which includes financial spread betting.

It fears that retail customers are using products they do not understand.

The CFD market offers the opportunity to speculate on a shift in the market without owning the underlying asset.

The FCA is proposing measures to limit the risks of CFD products and ensure that customers are better informed.

"We have serious concerns that an increasing number of retail clients are trading in CFD products without an adequate understanding of the risks involved, and as a result can incur rapid, large and unexpected losses," said Christopher Woolard, the FCA's executive director of strategy and competition.
Analysis
Image copyright AFP/Getty Images
Image caption Plus 500 are one of Atletico Madrid's sponsors
Simon Gompertz, BBC personal finance correspondent

Some 125,000 small investors are active in betting on movements in shares and currencies rather than buying the underlying investment.

Spread betting firms are relentless in recruiting them, by blazoning their brands on football shirts, on public transport and in free newspapers.

The internet has made dealing and advertising much easier. The companies pay to feature prominently on internet search engines and advertise on social media.

A handful of players dominate in the UK, but 96 are authorised and another 130 promote their online trading from elsewhere in Europe, mostly from Cyprus.

Losses can be instantaneous, with little chance of recovery, because they allow people to take big risks with small stakes.

It means that a small movement in the price of shares can result in the security deposit an investor has put up - the margin - being wiped out.

These complex investments are often sold to ordinary investors online. The potential losses or gains can be much larger than from traditional trading as an investor can hold a trading position representing a much higher value than the size of the stake invested.

The FCA's analysis found that 82% of clients lost money on such products. The average among clients checked by the watchdog was a loss of £2,200 a year.

Its plans include:

Standardised risk warnings given to customers
Proportion of winners and losers on products published by providers
Capping the proportion of "borrowed" funds that can be used for trading by inexperienced retail clients
Preventing providers from using any form of trading or account opening bonuses or benefits to promote CFD products

Consultation on the plans is open until March, with a further statement expected from the FCA in the spring.
Immediate impact

Shares in firms offering these services were hit hard following the announcement.

CMC Markets and IG Group were the biggest fallers on the FTSE 250, both down about 30% in morning trading.

Plus 500, which also saw its share price fall, said the FCA's plans would have "a material, operational and financial impact on the UK regulated subsidiary". This represents about 20% of its global business.

IG Group said that it recognised there were "shortcomings in the approach to the marketing of CFDs" by certain firms, often operating from outside the UK.

"Certain of the FCA proposals could enhance client outcomes," it added. "However, the FCA's proposals do not appear to directly apply to firms operating from outside the UK offering CFDs and binaries to clients in the UK on a cross-border services passport from another EU member state.

"IG will carefully consider the implications of the FCA consultation paper."

CMC said it had consistently focused on higher-value experienced premium clients who understood the markets and products they were trading.

[reimomo] 06/12/2016 15:15

What you missed, SP, even though I can scarcely believe I'm typing this for the nth time, is a change in sentiment.

You're consistently labouring under a misapprehension that stock movements should be rational.

They shouldn't be and they're not.

I'm not clear at which point you will realise this fact, but it may end up being an expensive lesson.

[diku] 06/12/2016 14:58

Not a lot....if the game was so easy we would all be billionaires..

[rjcdc] 06/12/2016 14:39

barc one of the likely takeover targets in the banking sector... Anything under £3 is a steal.

[smartypants] 06/12/2016 14:37

FTSE going in opposite direction in the same controlled fashion !

[diku] 06/12/2016 14:27

240p would be good...1st week in Jan 2017...

[smurfy2001] 06/12/2016 14:23

I need 240p please :)

[portside1] 06/12/2016 13:36

Diku. No sun today cloudy but warm .Barcs doing well soon be over 300p

[joemillion] 06/12/2016 13:31

225 plus by close of play today and 250 plus by end of year looking most likely now...

[diku] 06/12/2016 13:22

Take off position...231p....

[diku] 06/12/2016 09:10

Brighton Beach?...

[portside1] 06/12/2016 09:09

Cloudy this morning but barcs going up Going down the beach for a swim.

[keifer derrin] 06/12/2016 08:43

FCA wants tougher rules on financial spread betting
Posted at
11:19
The Financial Conduct Authority (FCA) wants to impose stricter rules on financial spread betting products.

About 82% of clients have lost money on so-called contracts for differences (CFDs) - one of the key forms of financial spread betting - according to a sample analysis by the regulator.

Traditionally CFDs were complex financial instruments offered by investment firms, often through online platforms.

But the FCA is concerned that a growing number of retail customers are opening and trading CFD products that they “do not adequately understand”.

It plans to introduce stricter rules for firms selling the products in order to improve standards across the sector and ensure consumers are appropriately protected.

[johnwise] 06/12/2016 07:22

Carney says get real, there are losers from free trade




Donald Trump on free trade

Video

[rjcdc] 05/12/2016 22:56

220+ tomorrow...

[portside1] 05/12/2016 11:51

The sun is shinning diku and so will barcs and cna

[diku] 05/12/2016 10:28

That right header FTSE chart is sitting on the support line....which way is it going to go?...

[astol] 05/12/2016 10:24

I have predicted 232p a couple of weeks back to be hit by 20 Dec

[diku] 05/12/2016 09:50

If 220p bypass then 231p anybody end of year?...

[diku] 05/12/2016 09:49

porty power!...

[qantas] 05/12/2016 09:27

portside1 why bother coming back,are we interested.in Lanzagroty no.

Only Barclays.

[portside1] 05/12/2016 08:41

Another sunny day here in lanzarote share price still ok Will be back home in mid Jan ,Hotel is bril Spanish family hotel it's more part of the family