About CFDs & Financial Spread Betting
Through a partnership with City Index, TD Waterhouse is pleased to offer you both a Contracts for Difference (CFD) trading service (TD Waterhouse CFDs) and a Financial Spread Betting service (TD Waterhouse Financial Spread Betting).
About TD Waterhouse
TD Waterhouse, part of the TD Bank Financial Group, is one of the UK's largest execution-only brokers, providing trading and information services online and by phone to both active traders and longer term investors.
Trading is available in UK and International Equities, Unit Trusts, Bonds and Gilts and Securitised Derivatives e.g. Covered Warrants. TD Waterhouse offers CFDs and Financial Spread Betting through its relationship with City Index.
The Toronto Dominion Bank Financial Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in North America by branches and serves approximately 17 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Banknorth and Commerce Bank (to be known together as TD Bank); and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading on-line financial services firms, with more than 5.5 million on-line customers. TD Bank Financial Group had CDN$545 billion in assets as of July 31, 2009. The Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under the symbol "TD", as well as on the Tokyo Stock Exchange.
Our Service
Designed to meet the needs of active traders, our service offers exposure to market indices, individual equities, market sectors, currencies and commodities on both UK and International markets.
They offer a number of advantages to active traders who can afford to place a portion of their assets into high risk investments in exchange for potentially high returns. It should also be noted however that losses may be potentially high. CFDs and Financial Spread Betting can be used to profit from both rising and falling markets and offer exposure to a wider range of underlying investments than traditional share dealing. For UK and Irish taxpayers, CFDs also have the advantage that they are currently exempt from UK stamp duty, but some Irish stock are subject to stamp duty. However, tax laws may change, and are subject to individual circumstances.
Full details of our CFD and Financial Spread Betting service can be found in the pages of this website. If you have any questions, or would like any more information on other services from TD Waterhouse, please call us on 1 800 646 581. If you are using a mobile phone to contact us please could you ensure your mobile is Internationally enabled and contact our Customer Services Team on +44 203 194 1648.