Tuesday, September 23, 2008
Not everyone can profit from falling markets
I am appalled that HBOS is still getting away with putting this out there. Halifax Contracts for Differences (CFDs) are a way of making (or losing!) money from share price movements without owning the share itself. You simply own a contract which you buy at one price and sell at another making (or losing) the difference. This is gross neglect of responsibility and takes the p*** out of the UK people.