Share CFD is a form of CFD that gives exposure to changes in share prices. It is not an agreement to buy or sell any amount of shares and, unless you and we expressly agree separately in writing, it cannot result in the delivery of any shares to or by you. The share Instrument upon which the Share CFD is based may be an Order Book Share or a Market Maker Share;

Share CFD means a CFD whose Underlying Financial Product is a financial product traded on an Exchange and which itself is not a margin product. This covers Exchange-traded equities, units in listed funds, stapled securities, exchange traded funds (known as ETFs). Short Party means the party to a Transaction (including a CFD) who is treated as having notionally sold the Underlying Financial Product. Spot means the theoretical Value Date for a Transaction two Business Daysfollowingtheday on which the Transaction is entered into. Tax means any present or future tax, levy, impost, deduction, charge, duty, compulsory loan or withholding (together with any related interest, penalty, fine or expense in connection with any of them)leviedorimposedbyanyGovernmentAgency, other than any imposed on overall net income. Terms Currency is the second currency quoted in a pair for a CFD, for example for the quote AUD/USD, the Terms Currency is the USD. Terms means all of the provisions of the Application Form and of this document (inducing the relevant Schedules), each as amended from time to time.

Examples of Share CFD in a sentence

If a Client is the Short Party for a Share CFD that goes ex-dividend, Global Femic Services Limited will debit the declared cash dividend from the Client’s account.
If a Client is the Long Party for a Share CFD that goes ex-dividend, Global Femic Services Limited will credit the Client’s account with a cash adjustment to reflect the impact of the dividend on the Orders.
Where the Client is the Long Party for a Share CFD in relation to a US stock or security, and the Share CFD goes ex-dividend, Global Femic Services Limited is required by US tax legislation to withhold 30% of the cash adjustment to reflect the impact of the declared dividend.

More Definitions of Share CFD

Share CFD means a Financial Product where the underlying asset is a security listed on an exchange.

Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement.
Common Shares means the common shares in the capital of the Corporation;
Voting Share Capital means the total paid-up Equity Share Capital/ Voting Capital of the Target Company on a fully diluted basis as of the 10th (Tenth) Working Day from the closure of the Tendering Period for the Open Offer;
Paid-up share capital means the paid-up share capital as defined in Section 2 of the Companies Act, 2013.
Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.
Share Capital means: (i) any shares, interests, participations or other equivalents (however designated) of share capital of a company; (ii) any ownership interests in a Person other than a company, including membership interests, partnership interests, joint venture interests and beneficial interests; and (iii) any warrants, options, convertible or exchangeable securities, subscriptions, rights (including any pre-emptive or similar rights), calls or other rights to purchase or acquire any of the foregoing.
Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.
Share Consideration has the meaning given to it in Section 2.2;