Over the past three to four years CFDs have become popular in the Irish market, with estimates that CFD-related transactions account for between 25 per cent and 50 per cent of daily stock exchange turnover.
Martin Kane, director of trading with Goodbody Stockbrokers said: ‘‘They are a way of buying shares using borrowed funds. There’s no more real mystique associated with them.”
Kane compared CFDs to buying a house, where a deposit...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team