Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Glossary

LIBID/LIBOR

LIBID is the abbreviation for London Interbank Bid Rate. This is the bid rate at which banks are willing to borrow eurocurrency deposits. LIBOR is the abbreviation for London Interbank Offered Rate. This is the offer rate at which banks are willing to lend to each other. LIBOR is administered by the Intercontinental Exchange which asks major global banks how much they would charge other banks for short-term loans. LIBOR is more popular than LIBID.
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