









Single Stocks Product Schedule
The underlying Stocks for US Shares are traded on either the NASDAQ or NYSE.
Due to restrictions implemented by regulatory
bodies, underlying stock exchanges, or liquidity providers that GoDo works
with, some shares may be restricted to be “sold short.”
The financing cost for your CFD trade is referred
to as ‘rollover.’ This is the interest paid for holding a position past 5 PM
EST and is based on the size of the position.
Due to the global
nature of CFDs, traders should be aware of special holiday trading hours
observed in each market. GoDo has provided a monthly calendar listing special
trading hours during holidays for major markets.
There is no expiration on a Share CFD
contract.
Unlike other derivatives, A CFD is an open-ended
contract, if you have not closed your position by the end of the trading day,
then the position is rolled into the next day. At this point, financing is paid
or received. Provided that you maintain enough available margin, your position
is maintained indefinitely.
CFDs give traders a lot of
options that they would not otherwise have:
CFDs are traded with leverage
This allows a trader to
control a large market position while employing a smaller amount of capital
than would be required to control an equivalent position in the underlying
asset. Keep in mind, leverage can significantly increase both your gains and
losses.
A share CFD is a CFD where
the underlying asset is the stock price of a public company.
A CFD, or Contract for
Difference, offers you all the benefits of trading shares without having to
physically own them. Simply put, it is a contract that mirrors the performance
of an underlying instrument. It is traded on margin, and just like physical
shares your profit or loss is determined by the difference between the price
you buy and the price you sell.