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Financial contracts for differences

Comprise rights under a contract for differences, or any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss by reference to fluctuations in:

(a) The value or price of investment or property of any description;
(b) Any currency;
(c) The rate of interest in any currency or any index of such rates including interest rate options;
(d) The level of any index which is derived for the prices of an investment or physical commodity (including index options) or;
(e) Any combination of the above.
Amended: January 2011