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United Utilities

CFD on the United Utilities Group PLC (UU.L) stock quote.

Product Type: Stock CFD
Sector: Utilities	Industry: Utilities
Country: United Kingdom	Currency: GBP
Trading Hours: According to market	Measurement Unit: Shares

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Description:

United Utilities Group PLC (UU) is the largest listed water company in the UK. It was founded in 1995 through a merger between North West Water and NORWEB. This followed the privatization of ten Regional Water Authorities in England and Wales in 1989. Through its subsidiary, United Utilities Water, UU manages the water network in North West England. It currently owns some 55,000 hectares of land surrounding its reservoirs. Guidance from OFWAT in December 2017, the British regulator has recently affected water utilities which have not kept up with most companies record high share prices.

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Interesting Facts:

The company currently has 5,300 employees.
The company also provides renewable energy through its solar installations and sludge treatment centres.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.

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