Contract for Difference (CFD)
Contracts for Difference are derivative instruments that allow traders to speculate on the changing values of an asset without taking ownership of that asset.
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The average daily trading volume in the foreign exchange market exceeds $5 trillion.
Word of the day
"Yard" - Slang term for 1 billion units of a particular currency.
Most market activity occurs when at least two market centres are open at the same time.