Ferrari N.V. (RACE)

Ferrari N.V. (RACE)


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Ferrari Corporate N.V Profile

Ferrari Corporate N.V (RACE.xnys) is an Italian luxury sports and supercar manufacturer based in Maranello, Italy. Since 1988 Ferrari’s 90% belongs to Fiat S.p.A. In 2014, Fiat Chrysler Automobiles (FCA) announced its separation from Ferrari S.p.A. The separation restructured and established Ferrari N.V. (a company incorporated in the Netherlands) as the new holding company of the Ferrari S.p.A. group, completed in 2016. Ferrari have sold a total of 228.181 cars globally, as of 2020. The company is traded on the Borsa Italiana (BIT), on the New York Stock Exchange (NYSE), and as a component of the Financial Times Borsa Italia (FTSE MIB) with a market cap of $51.3B (USD).

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

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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 saham, komoditas, dan foreign exchange, dan indeks.

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