Trading ASX CFDs, Options & Warrants the ASX Way
By ASX (the Australian Securities Exchange)
Synopsis:
Trading ASX CFDs, Options & Warrants, the ASX Way provides beginner traders with information on the new exchange traded Contracts for Difference (CFDs), which were launched on the ASX in November last year. The book is an essential addition to the trader’s library, whether they’re an investor by profession or just want to keep abreast of the updates and changes on the ASX.
Review:
The ASX authors have aimed their guide at current CFD traders as well as those who are looking to learn more and possibly get involved in trading these types of CFDs.
In the book, the ASX provides instruction on how this new derivative works as well as explaining how it differs from previous CFD trading through other CFD providers. There is good guidance on how CFDs can be used to create wealth from stock market trading. The reader will learn the fundamental differences between the new ASX CFDs in comparison to the current available CFDs, being that they are the only CFDs that are traded on the Australian Securities Exchange. Price transparency, exchange independence and greater investor protection are just some of the benefits of the new CFDs with which the reader will become familiar.
The authors cover which ASX CFDs can now be traded, the top 50 stocks listed on ASX, key global equity indices, a range of major foreign currency exchange rates and selected commodities. For those seeking instruction and information on other derivative products, this book is a must-have. It covers all the information on the derivative trading products available to trade on the ASX. The risk of trading derivatives such as CFDs is very clearly set out, and the ASX experts ensure that no stone is left unturned in the insights that they share.
Details:
ISBN-10: 0731407385
ISBN-13: 978-0731407385
Format: Paperback
Length: 320 pages
Publisher: Wrightbooks
Publication Date: June 25, 2008
Language: English
