Sunday November 29, 2020

CFD holders’ buying power is slashed by market turmoil

Holders of contracts for difference (CFDs), which account for up to half of total trading volumes on the Irish Stock Exchange, have had their buying power slashed by 50 per cent following last week’s market turmoil.

11th August, 2007

Holders of contracts for difference (CFDs), which account for up to half of total trading volumes on the Irish Stock Exchange, have had their buying power slashed by 50 per cent following last week’s market turmoil.

The latest collapse in investor confidence, which saw many of the Iseq’s major stocks fall by 10 per cent in the space of 24 hours, caused the main CFD providers, such as investment banking giant Cantor Fitzgerald, to...

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