Summary
CONTRACTS for difference (CFDs) exotic financial instruments used by hedge funds and high net-worth investors to bet on fluctuations in share prices are adding to the instability of the Irish shares market following last Fridays massive losses on the Dublin stock exchange.
Some E5bn was wiped off the value of Irish shares on Friday in response to a crisis in the global market sparked by a credit crunch in the U.S.See the full content of this document
Extract
Market Spread Betting Takes a Beating
While ordinary investors in Irish shares suffered major losses in the slump, CFD investors are believed to have incurred even m...
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