Higher volatility, liquidity draw younger investors into CFDs
Some CFD platform operators report explosive growth in trading volumes; pandemic may also have lifted investors' liquidity by cutting consumption
Add BT as a preferred source
Singapore
TRADING in contracts for difference (CFDs) is on the rise in Singapore, with increased interest from a new crop of younger investors. Higher market volatility, greater liquidity and wider availability of information are also drivers of the trend, said market players.
CFDs allow investors to speculate on future market movements of an underlying asset without having to own the asset. CFDs are available for a wide range of financial instruments including shares, currencies, indices and commodities.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Singapore releases Economic Strategy Review Final Report with more detailed proposals
Ringgit sinks to seven-month low despite record bond inflows as Fed fears dominate
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
