The EU’s securities markets’ regulator ESMA has just published a statement addressed to providers marketing, distributing or selling CFDs to retail clients. The regulator pointed out that it has serious concerns about firms’ marketing, distribution or sale of CFDs to retail clients and reminded CFD providers about some of the requirements connected with the offering…
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Retail forex broker FXCM (NYSE:FXCM) today announced the introduction of foreign exchange baskets to its retail customers. A foreign exchange or forex basket is comprised of a mix of several currencies, each initially starting with the same equivalent value. Traders will be able to buy or sell a base currency, e.g. USD, against a basket…
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