Aussie CFDs CMC
Hi Guys,
This is my first time on this site and just wanted to give you my thoughts on CMC for your interest.
I have found them to be excellent overall and thoroughly enjoy this style of product that they bring to the financial industry, as the alternative is to trade the...
Hi guys, excuse my ignorance....but hopefully you can help me here too. I understand that CGT is applied to the profit (loss) made on the sale of assets. How could CFDs be classed as assets when you do not own a piece of the underlying company?
Have I missed something?
Rock