September 05, 2019 BY Valentina Kirilova

How will markets react to ASIC's binaries ban and CFDs restriction?

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…

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