Hello All,
Possibly a stupid question. I have been reading up on CFD's and my understanding is that like spreadbets, you speculate on the price direction of the underlying instrument without ever owning it.
Given this understanding, direct market access for CFD's is boggling my mind a bit. What market data am I viewing here? Am I viewing the order book of other CFD traders? If the profit is derived from the underlying price, should I care about the order book for the CFD's?
Or perhaps I have completely misunderstood everything?
Thanks!
Submitted January 17, 2017 at 02:56AM by Big_Dave_TW http://ift.tt/2iwwDYn
