Tag: CFD regulation

cnmv spain forex regulation
March 15, 2018 BY LeapRate Staff

Spain details warnings brokers must give to Forex, CFD and Binary Options traders

There seems to be some confusion out there regarding a circular issued today by Spanish financial regulator CNMV, entitled (translated from the original Spanish): The CNMV approves a Circular that establishes new warnings on financial instruments considered especially complex. The issue of warnings required by the CNMV aren't new - they were introduced for Spanish traders…

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forex industry news update
December 11, 2016 BY LeapRate Staff

Forex Industry Week Review: CFD regulation, new SpotOption CEO, FXCH fundraising, Gain Capital Payments CEO quits, and lots more…

Forex Industry News at LeapRate was headlined by regulator moves which are clearly going to alter the online trading industry landscape, if not change it altogether. Following news that Cyprus regulator CySEC is proposing to ban bonus payments to retail traders and put a soft cap on leverage - news which was first reported exclusively at…

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Germany's BaFin maintains restrictions on retail trading with financial CFDs
December 09, 2016 BY LeapRate Staff

Israeli online broker Plus500 and CMC Markets both 'welcome' new BaFin German CFD regulations

Leading CFD brokers Plus500 Ltd (LON:PLUS) and CMC Markets Plc (LON:CMCX) have each issued statements in response to yesterday’s new directives from German financial regulator BaFin on CFD trading. In summary, each of Plus500 and CMC Markets stated that they welcomed BaFin's moves. Both Plus500 and CMC Markets stated that they already provide negative balance…

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IG Group office
December 09, 2016 BY LeapRate Staff

IG Group issues statement on BaFin's CFD rule changes

UK online trading leader IG Group Holdings plc (LON:IGG) issued a brief response to yesterday's new directives from German financial regulator BaFin on CFD trading. The IG press release on the matter reads as follow: 08 December 2016 IG GROUP HOLDINGS PLC Response to BaFin Announcement regarding CFDs IG Group ("IG", "the Company"), a global leader…

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Germany's BaFin maintains restrictions on retail trading with financial CFDs
December 08, 2016 BY LeapRate Staff

Germany regulator BaFin requiring negative balance protection for CFD trading

Germany's financial regulator Bundesanstalt für Finanzdienstleistungsaufsicht (or just 'BaFin') has announced new regulations governing leveraged CFD trading. BaFin's actions come just two days after UK regulator the FCA dropped a bombshell by proposing new rules limiting leverage on Forex and CFDs to 50x, and banning bonus payment inducements to retail traders. The FCA's actions sent…

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