In respect of the Fractional Share Rights, First World Trader (Pty) Ltd acts as a principal to a contract for difference (CFD) issued to the investor, where the investor will have a contractual claim against First World Trader (Pty) Ltd to the economic benefits and risks associated with share ownership (price movements and dividends) without having ownership rights in the underlying share.
Modified on: Tue, 15 May, 2018 at 8:27 AM
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