Brexit and Contract for differences: Difference between pages

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The term 'Brexit' is a combination of '''BR'''itain and '''EXIT''', meaning the exit of the United Kingdom (UK) from the European Union (EU).
(CFD).  


An arrangement whereby the difference in price between two underlying securities or financial instruments (one of which could be cash) is settled in the future in cash, rather than by the delivery of the securities or instruments. 


A referendum on the issue was held in the UK on 23 June 2016.
Effectively the CFD is a spread bet on the outturn market price or rate.


The result of the referendum was to advise the UK government to begin the process of the UK leaving the EU.


A CFD provides an investor with the benefits and risks of ownership of a security (or other market position) without actually owning it.


Depending on the context, 'Brexit' may refer to any or all of:
Examples include Forward Rate Agreements (FRAs), Non-Deliverable Forwards (NDFs) and swaps.


#The decision for the UK to leave the EU.
Also known as a Contract for Difference.
#The subsequent exit itself, originally expected to be on 29 March 2019''<sup> Note</sup>''.
#The consequences, and potential consequences, both of the decision and of the exit itself.
#Less commonly, the referendum result or the referendum date of 23 June 2016.
 
 
''Note: Possible currently specified Brexit Days now include 1 June and 31 October 2019. Brexit on a future date not yet specified is also possible.''




== See also ==
== See also ==
* [[Article 50]]
* [[Contract]]
* [[Brexit Britain]]
* [[Equity swap]]
* [[Brexit Day]]
* [[Forward rate agreement]]
* [[Brexodus]]
* [[Non-deliverable forward]]
* [[Cliff edge]]
* [[Spread bet]]
* [[Department for Exiting the European Union]]
* [[Swap]]
* [[Department for International Trade]]
* [[Equivalence]]
* [[European Economic Area]]
* [[European Free Trade Association]]
* [[European Union]]
* [[Frexit]]
* [[Great Repeal Act]]
* [[Grexit]]
* [[Hard Brexit]]
* [[Make UK]]
* [[No Brexit]]
* [[No Deal]]
* [[Parliamentary supremacy]]
* [[Schengen Area]]
* [[Sovereignty]]
* [[United Kingdom]]
 
 
=== Other links ===
[https://www.treasurers.org/brexit/resources Brexit - ACT Resources]
 
[https://www.treasurers.org/brexit Brexit: ACT Technical Guidance and Comment]


[[Category:Context_of_treasury]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Latest revision as of 10:00, 6 July 2022

(CFD).

An arrangement whereby the difference in price between two underlying securities or financial instruments (one of which could be cash) is settled in the future in cash, rather than by the delivery of the securities or instruments.

Effectively the CFD is a spread bet on the outturn market price or rate.


A CFD provides an investor with the benefits and risks of ownership of a security (or other market position) without actually owning it.

Examples include Forward Rate Agreements (FRAs), Non-Deliverable Forwards (NDFs) and swaps.

Also known as a Contract for Difference.


See also

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