<Table> <Tr> <Td> </Td> <Td> This section possibly contains original research . Please improve it by verifying the claims made and adding inline citations . Statements consisting only of original research should be removed . (October 2016) (Learn how and when to remove this template message) </Td> </Tr> </Table> <Tr> <Td> </Td> <Td> This section possibly contains original research . Please improve it by verifying the claims made and adding inline citations . Statements consisting only of original research should be removed . (October 2016) (Learn how and when to remove this template message) </Td> </Tr> <P> There are a number of different financial instruments that have been used in the past to speculate on financial markets . These range from trading in physical shares either directly or via margin lending, to using derivatives such as futures, options or covered warrants . A number of brokers have been actively promoting CFDs as alternatives to all of these products . </P> <P> Although no firm figures are available as trading is over-the - counter, it is estimated that CFD related hedging accounts for somewhere between 20% and 40% the volume on the London Stock Exchange (LSE). A number of people in the industry back the view that a third of all LSE volume is CFD related . The LSE does not monitor the numbers but the original 25% estimate as quoted by many people, appears to have come from a LSE spokesperson . </P>

Forex and cfds are standardised financial products with rules set by exchanges