Two weeks back, the Australian Securities and Investments Commission (ASIC) released a consultation paper, which suggested that, since all other measures had failed to curb extraordinary losses caused by binary options and to a lesser extent by CFDs, the agency intended to ban binary options and severely restrict the use of CFDs. The measures were…
Read more
The European regulator ESMA has earlier today issued its positive opinion on product intervention measures taken by Slovenia and its National Competent Authority (NCA). According to the EU watchdog, the proposed measures are justified and proportionate. NCA needs to take product intervention measures that are at least as stringent as ESMA’s measures. However, Slovenia’s Securities…
Read more
The Malta Financial Services Authority (MFSA) informed today that it has updated the Conduct of Business Rulebook, announcing permanent restrictions regarding the marketing, distribution or sale of Contracts for Differences (CFDs) to retail investors. During the last years, the European market has witnessed a rapid increase in the marketing, distribution or sale of CFDs to…
Read more
The EU securities markets’ regulator ESMA has announced earlier today that it will not renew the temporary restriction on the marketing, distribution or sale of contracts for differences (CFDs) to retail clients in the European Union (EU). LeapRate reminds that last year ESMA has taken product intervention measures relating to CFDs, imposing a temporary restriction…
Read more
The European Securities and Markets Authority (ESMA) has released its opinion on product intervention measures taken by the National Competent Authorities (NCAs) of the countries of Germany, Poland, Hungary, and Malta. LeapRate reminds that Germany’s BaFin has recently informed that it maintains restrictions on retail trading with financial CFDs. BaFin first announced its decision back in…
Read more
Spread betting and CFD provider CMC Markets announced that it is rolling out to its customers the ability to spread bet and trade CFDs on three new cryptocurrency indices. Major Crypto Index will include bitcoin, ripple, bitcoin cash, ethereum and litecoin. Emerging Crypto Index is based on dash, EOS, monero, NEO, stellar lumens, cardano and…
Read more
The Cyprus regulator CySEC has just issued a consultation, mirroring ESMA’s last year restrictions on the marketing, distribution and sale of contracts for difference CFDs. LeapRate reminds that in April the Dutch AFM has also made some changes regarding the marketing, distribution or sale of Binary Options and CFDs to retail investors in and from The Netherlands. Since…
Read more
CySEC licensed online trading platform Libertex has announced that it has just launched a new CFD for shares of Lyft Inc. (NASDAQ:LYFT). Lyft has recently raised 24,3 bln USD following its blockbuster IPO at the end of March, 2019. Igor Galkin, Head of Global Business Development and Sales at Libertex Group, commented: Lyft held an…
Read more
CySEC regulated online brokerage and investment company RoboMarkets has added more than 700 new CFDs on stocks available for trading through its R Trader platform. Several new features have also been added to the platform. RoboMarkets clients can now trade more than 700 new CFDs on stocks of the companies at NYSE and NASDAQ stock exchanges. The…
Read more
After launching 11 new contracts for difference (CFDs) and expanding cryptocurrency CFD trading list to 40 instruments earlier this year, CySEC licensed online trading platform Libertex has announced that, effective from December 11th, 2018, five new CFDs are available for trading. All new five instruments represent the world’s most popular companies operating in the growing sphere of…
Read more