TD Waterhouse - CFD Trading & Spread Betting
Trading Resources
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TD Waterhouse Contracts for Difference and Spread Betting
CFD Trading
TD Waterhouse CFDs provides investors with a way to trade on the movement of shares without having to pay the full price of owning the stock. CFDs can be traded 'long' or 'short' to speculate on either falling or rising markets.
A CFD is an agreement between two parties to exchange, at the close of the contract, the difference between the opening price and the closing price of the contract. With a CFD, you receive some of the benefits of share ownership (such as dividends and price performance) but you don't actually own the share. A CFD is a derivative product.
Spread Betting
TD Waterhouse offers Financial Spread Betting on underlying financial instruments such as equities and index markets. It is a simple, versatile tool that can help you profit from both up and downward movements in the price of an individual stock or index.
A financial spread bet is an agreement between a customer and a provider to exchange the difference between the open and closing value of the bet. With Financial Spread Betting, you are simply speculating on the direction of the future price movements in an underlying instrument; you specify an amount you want to bet on each point movement.