ASIC seeks to extend and amend CFD consumer protections
ASIC is seeking feedback on its proposal to extend and amend the consumer protection measures governing contracts for difference (CFDs).
ASIC is seeking feedback on its proposal to extend and amend the consumer protection measures governing contracts for difference (CFDs).
These financial instruments are likely to fall within the scope of the existing national product intervention measures on CFDs adopted by national competent authorities.
The FMA of New Zealand is seeking feedback on potential changes to the standard conditions imposed on Derivative Issuer (DI) licences.
ASIC has issued an interim stop order preventing Mitrade Global from dealing in CFDs or margin FX to retail investors.
Due to the current situation, eToro is reducing the leverage available for new positions in the banking sector.
Vantage noted that earnings season is expected to begin around mid-January and run through the end of February.
ASIC observed significant improvements in key metrics and indicators of retail client detriment from CFD trading under the new rules.
Admiral Markets changed a range of stock CFD terms including type of instrument offered, portfolio size limits, leverage, and commissions.
Competition has increased significantly over the past 12 months in the UK between CFD (or “Forex”) and shares brokers.
Dukascopy takes back the leverage on Index CFDs and Gold (XAU/USD) back to its usual level of 1:50.