Trade CFDs online at Rock Trader. CFDs are classed as a synthetic derivative product so you do not own the underlying product. There are definite advantages in trading CFDs compared to shares and Rock Trader offers physical Contract for Difference (CFD) stock derivatives from 23 of the world's major exchanges. IN addition:

• CFDs can be traded either directly on the live price or by order. Stock and CFD trading is fully integrated into our combined trading platform along with our other products. CFD prices are live tradable prices.

• Index CFDs are also available, allowing you to buy CFDs that reflect the performance of major stock market indices, including NASDAQ 100, S&P 500, Dow Jones, FTSE 100, DAX®30, CAC 40, SMI, OMX, ASX S&P 200, Nikkei, Dow Jones Euro STOXX 50.

• CFDs are margined stock derivative products allowing you to leverage your investment for greater market effect. CFDs are ideal for intra-day stock trading, allowing you to magnify the advantage of smaller market swings.

• Rock Trader's margin requirements for CFDs measn that only $10,000 can be used to open a market position of up to $100,000.

• Reduced collateral/equity requirements or ‘Double Leverage’ is available through Rock Trader when trading Category 1 and 2 CFDs, including Index-tracking CFDs. Half margins will apply for the first EUR 25,000 (or equivalent) of collateral requirement for the applicable CFDs and CFD Index trackers.

• Take direct advantage of declining stocks and indices with short positions with Rock Trader.