MF Global

CFD Funding Interest

Interest on unused equity (free equity)

Interest is received on unused equity in your CFD trading account at the official MFGA Base Rate less 1%. There is no minimum account balance required to receive interest on your free equity.

Credit Balance - Interest is paid on the credit balance of your CFD account (free equity) after all fees, commissions, variation and initial margins in relation to your CFD account have been deducted from your CFD account. Calculated daily. Posted monthly.

Debit Balance - Interest is charged on the debit balance of your CFD account after all fees, commissions, variation and initial margins in relation to your CFD account have been deducted from your CFD account. Calculated daily. Posted monthly.

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	$A recovers from dip, slightly lower The Australian dollar was slightly lower after recovering from a dip caused by report that Europe's major banks were not adequately stress tested Stocks flat at noon, investors cautious The share market was flat at noon, with the market cautious ahead of an interest rate announcement and an indication on which political party forms... Shell casts net wide for Prelude staff Shell will look to non-traditional sources for labour for its Prelude floating LNG project amid expectations Chevron's Gorgon project will hog skilled workers. Stocks to watch Stocks to watch on the Australian Securities Exchange at noon: Interest rates set to rise, says BIS Interest rates are set to rise and commercial property values will skyrocket, a leading economist says. Economy heading for boom, says economist Australia's economy will be strong and is on the upswing for a boom within the next decade, a leading economist says Andean denies breaching rules on merger Sydney-based gold explorer Andean Resources Ltd says it did not breach the listing rules by failing to inform the ASX of a takeover proposal from... St Barbara proposes share consolidation Gold miner St Barbara Ltd is proposing to consolidate its share base, in a bid to attract international institutional investors. Westpac appoints new MD for BankSA Westpac Banking Corporation appoints general manager of its pacific banking as new managing director of its BankSA business. Construction activity remains weak Construction activity remains weak in August, with house building diving to its lowest level in 16 months. Adamus Resources shares suspended Shares in Adamus Resources Ltd have been suspended pending an announcement regarding financing, according to a statement on Tuesday. Eastlink toll road traffic up in August ConnectEast Group says traffic and revenue on Melbourne's Eastlink toll road rose by double digits in August. Stocks to watch Stocks of interest on the Australian Stock Exchange today. Aussie dollar opens higher The Australian dollar has opened higher. At 0630 AEST on Tuesday, the local unit was trading at $US0.9173/79, up from Monday's close of $US0.9169/71. Aussie stocks set for flat opening The Australian stock market is expected to open flat. Business expectations rise, survey shows Business executives expect sales and profits to pick up in the December quarter, but the outlook for employment remains subdued, a survey shows. Broad gains push stocks higher The sharemarket has finished the day more than half a per cent stronger, with a broad-based rally helping to push the bourse higher. Oilex shares up on reserve upgrade Oil and gas producer Oilex Ltd has reported upgraded reserves and contingent resources for `tight' reservoirs at its Cambay Field in India. Gloucester raises $7m from retail offer Gloucester Coal has raised $7 million from a retail entitlement offer, bringing funds garnered from its two-pronged capital raising to $441 million. August Jobs data - handle with care The August labour force figures will probably exaggerate employment growth, as the underlying population estimates do not fully reflect slumping immigration. Broad gains push stocks higher The sharemarket has finished the day more than half a per cent stronger, with a broad-based rally helping to push the bourse higher. $A closes higher as stocks climb The Australian dollar closed higher after a rally on the local share market augmented gains made late last week Norton completes Lehman hedge settlement Norton Gold Fields says it has completed a litigation settlement with Lehman Brothers related to its hedging arrangements with the collapsed investment bank. Rio Tinto mid-way through share buy-back Rio Tinto says it is mid-way through a share buy-back program that is designed to simplify its dual listed structure. ASX derivatives trading surges in August Derivatives trading on the local bourse jumped by at least nine per cent in August, but share trading volumes are still lacklustre compared to a... Stocks to watch Stocks to watch on the Australian Securities Exchange at close. Stuart shares up on Worrior 7 first oil Shares in Stuart Petroleum rose after the company said first oil had flowed from its Worrior 7 well in South Australia's Cooper Basin. Term deposits making a comeback As the fallout from the global financial crisis looms over a jittery stock market, term deposits are making a comeback as an investment choice. China vows to increase foreign imports: China has vowed to make it easier to import goods into its huge market as Beijing seeks to address controversial trade surpluses. $A higher after offshore rally The Australian dollar was slightly higher at noon, trading in a tight range following offshore rally.