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CFD Trade Screen

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Enzed
Frequent Contributor
I have never traded CFD's so have never used this screen. You have 2 options for price : "Market" and "Limit - Underlying Price". I presume if you use the Limit option you have to put in the actual price of the underlying at that moment.But this will not correlate exactly with Bid price that is available at that time.The bid price is slightly higher presumably becos this includes the market makers percentage.. so which price do I use??
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13 REPLIES 13
Levitt
Regular Contributor
No, Market is for current bids/offers, Limit is max/minimum you want to buy/sell at. Bids/Offers follow underlying exactly..
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SimonPB
Valued Contributor
an the CFD trades at the underlying spot price ..
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Enzed
Frequent Contributor
Thanks guys but I'm still having a senior moment here - what then is the difference between "Limit Price" for equities and "Limit price" for CFD's?
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SimonPB
Valued Contributor
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Not applicable
and the time between when you have completed/filled in your order and placed your order, the points could have changed by 50 up or down! Simon where can I see up to the second ALSI CFD pricing?
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SimonPB
Valued Contributor
we don't have ALSI CFD's ..
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Not applicable
Sorry, Index CFD's.
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SimonPB
Valued Contributor
on easy trader .. generaslly you will be trading the satrix but watching the index ..
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Not applicable
Okay, thanks for confusing the didleys out of me. I am right where I was before I asked the question.
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Not applicable
Okay, thanks for confusing the didleys out of me. I am right where I was before I asked the question.
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Picky
Regular Contributor
snakepit , give me your email address
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SimonPB
Valued Contributor
well you can't trade the index diectly (except for ALSI futures) .. so you trade an index viaa Satrix ETF .. if you want gearing you then trade a CFD on that satrix etf ..
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Not applicable
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