Reported about 1 year ago
Following NVIDIA's stock split on June 7th, where 1 share became 10, futures traders are advised to engage in related derivative products such as American stock CFDs and semi-conductor index futures to participate in the market. The split transforms the stock price to around $120.88, making it more affordable and enhancing liquidity. With the high volatility in NVIDIA's stock price, the flexibility and agility of trading in American stock CFDs become advantageous. CFD trading, similar to futures, involves cash settlement based on price differentials, leveraging margin to amplify trades, and is gaining popularity among Taiwanese investors due to the variety of underlying assets available for trading through licensed futures firms offering leveraged trading services.
Source: YAHOO