The "CFD", or "Contract for Difference", was developed to allow clients to receive all the benefits of owning a stock without having to physically own the stock itself . For example, instead of purchasing 1,000 shares of General Motors from a stock broker, a client could instead buy a CFD on General Motors on the Falcon Brokers trading platform. A $5 per share rise in the price of General Motors would grant the client a $5,000 profit, just as if he had purchased the actual shares that are traded on the exchange. A major difference is that there are no exchange fees and many of the inefficiencies of trading the underlying shares on the exchange are eliminated. CFDs have grown in popularity dramatically over the past few years, and this will increasingly be the preferred way to trade the financial markets.
The other major benefit of trading a CFD is the fact that the client can trade on margin. CFD trading means clients can trade a full portfolio of shares without having to tie up large amounts of capital.
Name of Stock |
Symbol |
Contract Size |
Exchange |
Cost of Point |
Trading Hours (GMT) |
American Int. Group Inc. | AIG | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Amgen Inc. | AMGN | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Citigroup Inc | C | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Cisco Systems | CSCO | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
eBay Inc | EBAY | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Ford Motor Co | F | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
General Electric | GE | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
General Motors | GM | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Goldman Sachs Inc | GS | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Halliburton Company | HAL | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Int. Business Machine | IBM | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Intel Corp | INTC | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Johnson & Johnson | JNJ | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Juniper Networks Inc | JNPR | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
3M Company | MMM | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Microsoft Corp | MSFT | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Nokia Co. | NOKIA | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Pfizer Inc | PEF | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Qualcomm Inc. | QCOM | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Redback Networks Inc | RBANK | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Realnetworks Inc. | RNWK | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Silicon Laboratories Inc. | SLAB | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Storage Tech. Co | STK | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
AT&T Corp | T | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Time Warner Inc | TWX | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Texas Instruments Inc | TXN | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Wall-Mart Stores | WMT | 1,000 Shares | NYSE | 0.01 = $10 | 16:30 - 23:00 |
Exxon Mobil Co | T | 1,000 Shares | XOM | 0.01 = $10 | 16:30 - 23:00 |
Yahoo Inc | THOO | 1,000 Shares | NASDAQ | 0.01 = $10 | 16:30 - 23:00 |
Instrument |
Execution |
Spread |
Type of Spread |
Pending Orders |
Orders |
Contract Size |
Maximum Lots |
Margin |
Margin on Hedge |
General Electric (GE) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Motorola Inc. (MOT) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Cisco Systems (CSCO) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Int Business Machine (IBM) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Intel Corp (INTC) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Microsoft Corp (MSFT) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Nokia Corporation (NOKIA) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Yahoo Inc (YHOO) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
3M Company (MMM) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
American Int. Group Inc. (AIG) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Citigroup Inc (C) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
EBAY Inc. (EBAY) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Goldman Sachs Group Inc. (GS) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Amgen Inc. (AMGN) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Ford Motor Co (F) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Halliburton Company (HAL) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Johnson & Johnson (JNJ) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Juniper Networks Inc. (JNPR) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Pfizer Inc. (PFE) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Qualcomm Inc. (QCOM) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
RealNetworks Inc. (RNWK) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Silicon Laboratories Inc. (SLAB) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
AT&T Corp (T) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Time Warner Inc. (TWX) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Texas Instruments Inc. (TXN) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Wall-Mart Stores Inc. (WMT) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |
Exxon Mobil Co. (XOM) | Market | 0 | Floating | 10 pips | CDT | 1000 Shares | 25 | 2000 USD | 0 |