Contract For Differences (CFD)
An arrangement made in a futures contract whereby differences in settlement are made through cash payments, rather than the delivery of physical goods or securities. Investopedia Says:
This is generally an easier method of settlement because losses and gains are paid in cash. CFDs provide investors with the all the benefits and risks of owning a security without actually owning it. Related Terms:
Fail
Futures Contract
Non Deliverable Swap
Settlement Date
Trade Date |