Amadeus IT Group SA (AMS)

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Amadeus IT Group SA (AMS) Profile

Amadeus IT Group SA (AMS.xmad) is a Spanish travel and tourism IT provider headquartered in Madrid, Spain. Amadeus was founded by Lufthansa, Air France, Iberia, and Scandinavian Airlines in 1987 for the provision of computer reservations systems and IT solutions for online travel agencies. It is currently employing 19,000 people and operating in 195 countries. In 2018, Amadeus IT acquired TravelClick, a cloud-based service provider for the hotel industry, for €1.31B (EUR). Amadeus IT Group SA (AMS.xmad) is listed on the Madrid Stock Exchange (BMAD), has a €27.4B (EUR) market cap and €2.21B (EUR) in 2020 annual revenues. Amadeus has partnered with IBM to develop digital health verification technology for the COVID-19 health documentation.

Amadeus IT Group SA (AMS.xmad): Trade a Contract for Difference (CFD) on AMS.xmad and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
09:30-16:00
Mon
09:30-16:00
Tue
09:30-16:00
Wed
09:30-16:00
Thu
09:30-16:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 11759

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