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Contracts for Difference (CFD's)

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Posted by Patrick on April 28, 2007 at 23:10:34:

Hi,

I downloaded a trial of FM a couple of years ago, but it didn't quite meet my needs e.g. I'm in Australia where we have Dividend Imputation, which I know you know about. Anyway, I've fired up FM again and am taking another look at it. However, I do have a question...

Do you intend offering support for Contracts for Difference (CFD); or alternatively can you suggest how they might be handled in your current version?

I don't believe this instrument is offered in the US yet but it is very common in other countries e.g. UK and Australia and is growing at an incredible rate (in Oz, more shares are traded as CFD's than the underlying instrument). And you can certainly trade CFD's for the Dow and NASDQ in other countries if not in the US

Rather than me try to describe them, if you'e not familiar with CFD's, just Google "What are CFD's"., where you'll discover any amount of information.

Thanks
Patrick



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