InvestorsHub Logo

sunspotter

03/29/21 10:10 AM

#353760 RE: Longpicker #353755

"“....contracts-for-difference.... “

Now at least we have a name for this malfeasance."


CFDs are a well known derivative, widely used in Europe and elsewhere.

Nothing secret or covert about them, and there's nothing malfeasant about them either:

https://www.cmcmarkets.com/en-ie/learn-cfd-trading/what-are-cfds

Like most sophisticated derivatives, they depend on an exchange listing, and are not applicable to OTC penny stocks like IPIX.

Therefore CFDs have no relevance to IPIX.