Contracts for difference

Equity Derivatives Anatomy™ →Go uptown Resources About the Equity Derivatives Definitions | (full wikitext) | (nutshell wikitext) | Equity v credit derivatives showdown Hot topics Synthetic Prime Brokerage Anatomy | The Triple Cocktail | Cancellation and Payment | Calculation Agent TOC | 1 General Definitions | 2 Option Transactions | 3 Exercise of Options | 4 Forward Transactions | 5 Equity Swap Transactions | 6 Valuation | 7 Settlement | 8 Cash Settlement | 9 Physical Settlement | 10 Dividends | 11 Adjustments and Modifications | 12 Extraordinary Events · 12.8 Cancellation Amount · 12.9 Additional Disruption Events · 12.9 List of ADEs · 12.9(b) Consequences of ADEs | 13 Miscellaneous Index: Click ᐅ to expand: Equity Derivatives - Premium Synthetic Prime Brokerage Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

These days, a short-hand way of referring to an equity swap, inevitably documented under ISDA’s Equity Derivatives, as opposed to a direct holding in an equity security. But in concept at least, any contract by which one agrees to pay or be paid the difference between the price of a un underlier now and its price at some unspecified point in the future. This kind of CFD can be documented without an ISDA Master Agreement by retail punters (at least in the UK) through retail brokerages.

See also

• Synthetic prime brokerage
• Archegos