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| The UK’s
only commission FREE* CFD &
Spread Bet provider |
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HH1803
offers clients the ability to go Long or Short
potentially profiting from rising and falling
markets.
This makes it just as easy to
Buy a CFD as it is to Sell a CFD.
| Opening
a Long CFD
- Buy 10,000 CFD’s
at 120p & hold the position for 3
days.
- 10,000 x 120p =
£12,000 (the total market exposure)
- Initial margin 10%
= £1,200
Closing a Long
CFD
- Sell 10,000 CFD’s
at 125p.
- Trade profit 125p
– 120p x 10,000 = £500
- ZERO commission
- Finance paid @ LIBOR
+2% =
£12,000 x (8.00% / 365) x 3 days
= -£7.89
Total profit = £492.11
Total return 41%
Opening a Short
CFD
- Sell 10,000 CFD’s
at 120p & hold the position for 3
days.
- 10,000 x 120p =
£12,000 (the total market exposure)
- Initial margin 10%
= £1,200
Closing a Short
CFD
- Buy 10,000 CFD’s
at 115p.
- Trade profit 120p
– 115p x 10,000 = £500
- ZERO commission
- Finance received
@ LIBID -2% =
£12,000 x (3.875% / 365) x 3 days
= +£ 3.82
Total profit = £503.82
Total return 42%
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*in
major index constituent stocks & spread products only |
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Risk
Warning
Spread Betting, CFDs and Forex are leveraged products and carry
a high degree of risk to your capital and it is possible to
lose more than your initial investment. Only speculate with
money you can afford to lose. These products may not be suitable
for all investors, therefore ensure you fully understand the
risks involved, and seek independent advice if necessary.
Religare Hichens Harrison Plc. are authorised and regulated by the Financial
Services Authority. Tax law can be changed or may differ if
you pay tax in a jurisdiction outside the UK.
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Authorised
and regulated by the Financial Services Authority, Member of
the London stock Exchange, Member of the Association
of Private Client Managers & Stockbrokers, Member of the
PLUS Market. Copyright 2005, Religare Hichens Harrison Plc.
HH1803 is a brand name of Religare Hichens Harrison Plc. |
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