|
Shares/CFDs |
| |
|
 The
"CFD", or
"Contract for Difference",
was developed to allow clients to receive all
the benefits of owning a stock without having to
physically own the stock itself . For example,
instead of purchasing 1,000 shares of General
Motors from a stock broker, a client could
instead buy a CFD on General Motors on the
Windsor Direct trading platform. A $5 per share
rise in the price of General Motors would
grant the client a $5,000
profit, just as if he had purchased the actual
shares that are traded on the exchange. A major
difference is that there are no exchange fees
and many of the inefficiencies of trading the
underlying shares on the exchange are
eliminated. CFDs have grown in popularity
dramatically over the past few years, and this
will increasingly be the preferred way to trade
the financial markets.
The other major
benefit of trading a CFD is the fact that the
client can trade on margin. CFD trading means
clients can trade a full portfolio of shares
without having to tie up large amounts of
capital.
IFB
offers the following CFDs: |
|
Name of Stock
|
Symbol |
Contract
Size |
Exchange |
Cost of
Point |
Trading Hours
(GMT+3) |
|
American Int.
Group Inc. |
AIG |
1,000
Shares |
NYSE |
0.01 = $10 |
16:30 - 23:00 |
|
Amgen
Inc. |
AMGN |
1,000
Shares |
NASDAQ |
0.01 = $10 |
16:30 - 23:00 |
|
Citigroup Inc
. |
C |
1,000
Shares |
NYSE |
0.01 = $10 |
16:30 - 23:00 |
|
Cisco Systems
|
CSCO |
1,000
Shares |
NASDAQ |
0.01 = $10 |
16:30 - 23:00 |
|
Ebay Inc .
|
EBAY |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
Ford
Motor Co. |
F |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
General Electric
|
GE |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
General
Motors |
GM |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Goldman
Sachs Inc. |
GS |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Halliburton Company
|
HAL |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Int.
Business Machine
|
IBM |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Intel
Corp. |
INTC |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
Johnson
& Johnson |
JNJ |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Juniper
Networks Inc. |
JNPR |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
3M
Company |
MMM |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Motorola
Inc. |
MOT |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Microsoft Corp. |
MSFT |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
Nokia Co.
|
NOKIA |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Pfizer Inc.
|
PFE |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Qualcomm
Inc. |
QCOM |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
Redback
Networks Inc. |
RBAK |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
Realnetworks Inc. |
RNWK |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
Silicon
Laboratories Inc. |
SLAB |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
Storage
Tech. Co. |
STK |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
AT&T
Corp. |
T |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Time
Warner Inc. |
TWX |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Texas Instruments Inc.
|
TXN |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Wall-Mart Stores
|
WMT |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Exxon
Mobil Co. |
XOM |
1,000
Shares |
NYSE |
0.01 =
$10 |
16:30 - 23:00 |
|
Yahoo
Inc. |
YHOO |
1,000
Shares |
NASDAQ |
0.01 =
$10 |
16:30 - 23:00 |
|
|
|
|
|
| |
