Market Makers
My pet peeves about CMC Mobile MarketMaker; no charting facility is a big downside as well as weak mobile phone reception: CMC Mobile MarketMaker is a smart innovation by CMC Markets the giant CFD provider. I say "smart" because this tool 'helps' traders with their business of trading and also 'helps' CMC Markets' bottom line. Although CMC Markets Mobile software is practical and useful, as a trader you are simply introducing yet another trading risk if you choose to trade with this tool which is widely available for GPRS enabled mobile phones.
I think this piece of software is a very smart move on behalf of CMC markets, probably the biggest CFD provider in the world. Personally, I think Mobile Market Maker is simply another route of temptation to overtrade. And when you overtrade – who wins? The broker, CMC Markets of course. Others may argue it is a win-win situation since CMC Markets practically invested their efforts in this mobile phone software so traders can trade wherever they want whenever they want.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
