Please note that the content of this book primarily consists of
articles available from Wikipedia or other free sources online. In
finance, a contract for difference is a contract between two
parties, typically described as "buyer" and "seller," stipulating
that the buyer will pay to the seller the difference between the
current value of an asset and its value at contract time. In effect
CFDs are financial derivatives that allow traders to take advantage
of prices moving up or prices moving down on underlying financial
instruments and are often used to speculate on those markets.
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