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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Non-independent research recommendations

Quarterly disclosure

Highlighted in the table below is the proportion of all research recommendations published per quarter that are 'buy', 'hold', 'sell' or equivalent terms.

2017

  July August September
  No. of articles % No. of articles % No. of articles %
Buy 98 45.6 75 35.7    
Sell 84 39.1 84 40    
Hold 33 15.3 50 23.8    
None 0 0 1 0.5    
Total 246 100 309 100    

 

  Summary of quarter
  No. of articles %
Buy    
Sell    
Hold    
None    
Total    

 

  April May June
  No. of articles % No. of articles % No. of articles %
Buy 87 45.0 70 54.3 84 50
Sell 69 35.8 25 19.3 41 24.4
Hold 32 16.6 32 24.4 41 24.4
None  5 2.6 2 1.2 2 1.2
Total 193 100 129 100 168 100

 

  Summary of quarter
  No. of articles %
Buy 241 49.2
Sell 135 27.6
Hold 105 21.4
None 9 1.8
Total 490 100

 

  January  February March
  No. of articles % No. of articles % No. of articles %
Buy 111 48.7 107 50 120 46.2
Sell 75 32.9 53 24.8 77 29.6
Hold 36 15.8 40 18.7 44 16.9
None 6 2.6 14 6.5 19 7.3
Total 141 100 214 100 260 100

 

  Summary of quarter
  No. of articles %
Buy 338 48.1
Sell 205 29.2
Hold 120 17.1
None 39 5.6
Total 702 100

 

Correct at 1 October 2014. No representation or warranty is given as to the accuracy or completeness of this information. See full non-independent research disclaimer.

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