This article was published on PRNewswire Co. UK
Since 2003, Australian investors have had access to contracts for difference. This time, they've entirely reimagined what it means to be a trader or speculator in multiple markets. In fact, novices have used novices to trade, and actual traders have quickly switched from other trading instruments. Previously, most Australian investors dabbled in penny stocks. Still, CFDs have provided them direct exposure to much higher-priced shares exclusively available to longer-term investors who bought into these companies for their dividends and long-term equity potential growth. As a result, contracts for the difference have become one of the hottest financial products in the historical record in Australia, surpassing warrant growth in the 1990s.
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