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This article was written by Eva Diaz, co-founder and Managing Director of Profile Booster.
Despite ongoing market volatility, the Australian Contract for Difference (CFD) market shrank in 2016 according to the latest industry survey.
The 2016 Investment Trends report showed that the Australian CFD market declined despite increased market volatility during the survey period. In 2015 there were 49,000 active CFD traders in Australia. In 2016, this number dropped to 37,000 active traders.
Surprise in numbers
“The numbers came in as somewhat surprising because in earlier years we’ve seen more traders get into the market when volatility sets in. But ... (read more)