A contract for difference (also known as CFD) is a contract between two parties: buyer and seller, specifying that the seller will pay to the buyer the difference between the current value of an asset and its value at contract time.
However, if the difference happens to be a negative one, then the buyer pays to the seller instead. For example, when applied to equities, this kind of contract is an equity derivative...
Read more here now! newbielink:http://www.cfd.tradeviewforex.com/cfd-info.aspx [nonactive]
All the best,
Gene
