Tracking positions and costs
When deciding whether to trade ASX Listed CFDs, there a number of factors to be aware of including:
- The costs of trading ASX Listed CFDs;
- How to track the value of your ASX Listed CFD positions; and
- The requirement to pay margins and other cashflows relating to holding an ASX Listed CFD position.
Costs of trading - brokerage
Brokerage is charged by your ASX Listed CFD broker and is typically either a flat rate per contract or trade or expressed as a percentage based on the full value of the trade.
How to track ASX Listed CFDs
You can set up watch lists and portfolios to assist in the monitoring of positions. Many brokers also offer portfolio management systems that enable you to manage your positions and trades on-line.
A list of ASX Listed CFD contract specifications and commodity codes is available online.
Current ASX Listed CFD prices are also available from all major information vendors such as Reuters, Bloomberg or Iress.