During his career in the City, Dominic Connolly has worked for some of the most prestigious trading institutions in London. In 1990, he joined the index arbitrage, derivatives and program trading desk at Smith New Court, London's top market-maker, which pioneered the application of the equity contract for difference (CFD) product in the UK. He joined Bankers Trust in 1993, one of the powerhouses of the equity derivatives revolution, where he established the European equity arbitrage desk. In 1999, he joined GNI and was instrumental in establishing GNI as one of the premier providers of equity CFDs to both institutional and retail users. During the period 1999 to 2003, the author's trading account returned a net return after all costs of over 1200%, predominantly through utilising CFDs to trade the UK market both long and short with leverage. Dominic Connolly is currently Divisional Director of Equity Swaps at Macquarie Bank in Sydney.