Sunday July 5, 2020

CFD investors in Elan forced to cough up more cash

Investors will be required to stump up more cash to invest in Elan through contracts for difference (CFDs), as traders try to protect against future losses from the volatile stock, which collapsed by more than 60 per cent last week.

2nd August, 2008

Investors will be required to stump up more cash to invest in Elan through contracts for difference (CFDs), as traders try to protect against future losses from the volatile stock, which collapsed by more than 60 per cent last week.

Many CFD positions require a margin of 10 per cent from investors, but Elan has required 30 per cent for some time due to the risk associated with the company. CFD providers are expected to review...

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