Contracts for difference: Difference between revisions

{{a|eqderiv|}}These days, a short-hand way of referring to an {{tag|equity swap}}, inevitably documented under ISDA’s {{eqderiv}}, 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 {{isdama}} by retail punters (at least in the UK) through retail brokerages.