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CFD short position/company delisted

Joined
17 September 2004
Posts
884
Reactions
8
Can we just clear up once and for all, what happens if you have a short cfd position on a company that goes into administration (SGW, ION, MUL )

I thought you would recieve 100% of your short position, + interest up until the point when the recievership was finalised. Is this true???
 
Re: CFD short position / company delisted

I had a talk with Macquarie bank CFD, it all depends on the circumstances, but, if I understand it right, if there is a GSL, you would be protected by that.
 
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