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25/02/17
10:15
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Originally posted by trav2012
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It doesn't matter if you can it has no effect on the actual SP anyway.I have a CMC CFD account you can short or go long not sure about SGH tho havnt looked.Its more just punting kinda like trading on the ASX on T2 so trading without actually putting money down.It highly leveraged so a 100k trade you might only need to put down 10k but can take the profits from the 100k if that makes sense.
But you can also lose that 100k if it goes against you even if you only put the 10k down if that makes sense.
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I knew that CFD is leveraged, sort of like a margin loan without interest and without physically holding. I just thought that you could still CFD 'short' SGH currently.