Status: You are viewing the version of the handbook as on 2005-06-30.

contract for differences

    the investment, specified in article 85 of the Regulated Activities Order (Contracts for differences etc), which is 3rights under:

      1. (a) a contract for differences; or
      1. (b) any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss by reference to fluctuations in:
        1. (i) the value or price of property of any description; or
        1. (ii) an index or other factor designated for that purpose in the contract.