Shorting is now rather easy with CFD. If market crash I think with this instrument, will see a 50% drop easily, that’s why in US is banned. Not sure why they allowed in Sg, waiting for the bomb to go off? US is a far more mature mkt and yet they banned it. SGX n MAS should do their homework or Lehman brother history is going repeat. (Those junk bonds also not allowed in US then)
Shorting is now rather easy with CFD. If market crash I think with this instrument, will see a 50% drop easily, that’s why in US is banned. Not sure why they allowed in Sg, waiting for the bomb to go off? US is a far more mature mkt and yet they banned it. SGX n MAS should do their homework or Lehman brother history is going repeat. (Those junk bonds also not allowed in US then)
Reply to @Shien : Interestin, we nvr learn ;-/
CNY rally break to 3.50 :)
Reply to @richdad : that make us 2 ;-)