chong85

hi,

Anyone knows what is CFDs?

zhiz22

http://www.phillipcfd.com/

http://www.phillipcfd.com/download/P...DInfoSheet.pdf

A CFD is an agreement between 2 parties to settle the difference between the opening price and closing price of the
contract multiplied by the number of shares specified. It is therefore a unique trading instrument that allows the
customers to trade in stocks with the key features of leveraging and short-selling.

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monkeybusiness

heard before but dun understand how it works...seem kinda complicated for me...furthermore, it's considered as a high risk product..

zhiz22

If don't understand then its best not to use it.

I do have a friend working in CFD department and if anyone need any clarification, I can refer you to her.

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monkeybusiness

nah it's ok.
i am not interested in this product too