Has anyone already traded CFDs?

Hello,

Been doing alright with the stock market. I’d like to reinvest some of my profits in more “risky” instruments. CFDs got my attention.

  1. There’s this one thing I don’t really understand: what happens at the end of the day? P/L are updated on an everyday basis? How does it work?

  2. What has the LIBOR to do in the process of calculating CFDs? Don’t get that either.

Regards.

-jj. :slight_smile: