Our CFDs give a client exposure to changes in share prices but cannot result in delivery of actual shares by or to the client.
D = n x C x i / 360
|D||Daily interest adjustment|
|n||Number of shares|
|C||Current share price|
|i||Applicable annual interest rateInterest in respect of long positions is debited from a client’s account and interest in respect of short positions is credited to a client’s account at rates which are agreed with each client.|