CFD trading stands for “contracts for difference”. As the name suggests, this type of trading allows an investor to participate in the price difference of the financial derivatives. However, unlike shares, the trader does not physically own the financial derivatives of a company. The trader simply agrees to exchange the difference between the opening and closing price of a position.

The first stock traders used to meet in Philadelphia in 1790 on what is now Wall Street. This center of the stock action moved to New York and in 1817 the New York Stock Exchange was established. A rival, the New York Curb Exchange, started meeting on the street across from the NYSE and eventually [...]