Tag: CFDs

ASIC ban
April 06, 2022 BY Steffy Bogdanova

ASIC announces extension CFDs leverage restrictions for five years

ASIC Commissioner Cathie Armour said: We have seen a substantial reduction in harm to retail clients resulting from CFDs as a result of ASIC’s product intervention. Commissioner Armour added: Our extension of the product intervention order for five years will ensure that the leverage ratio limits and other protections can continue to reduce the size…

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Saxo Bank
January 17, 2022 BY Steffy Bogdanova

Saxo Bank introduces fractional amounts for CFD indices

Additionally, Saxo’s most popular Index CFDs including US500 (S&P 500 Index), USNAS100 (Nasdaq 100 Index) and US30 (Dow Jones Industrial Average) are tradable for longer. They have been extended by 1 hour and 1 minute. The extension allows traders to allowing traders to react to events which occur both before and after the exchanges open…

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January 07, 2022 BY Steffy Bogdanova

ACY Securities expands share CFDs offering for MT5 traders

Trading opportunities Ashley Jessen, Chief Operating Officer at ACY Securities, commented: Our clients are constantly connected to the markets and have streaming news services flowing through all their devices. As a result, opportunities pop up constantly, and our commitment to our traders is to ensure they can trade all the best opportunities from the one…

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November 10, 2021 BY Steffy Bogdanova

FXCM Pro and Integral unveil cleared CFD platform

Brendan Callan, CEO of FXCM Group, commented: We are committed to upgrading the trading experiences of our clients, and our new CFD Prime service is the latest in the long line of our innovations designed to do exactly that. We’re harnessing 20 years of experience, as well as leveraging the latest advancements in technology to…

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ASIC
October 18, 2021 BY Steffy Bogdanova

ASIC to extend CFD trading leverage restrictions to 2031

The Aussie watchdog noted that for the first three months since the order took effect, ASIC has seen significant improvements in key metrics of retail client losses from CFD trading. The regulator stated that retail clients’ net losses from CFD trading decreased 94% of the quarterly average of $372 million in the year prior to…

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FXCM
August 25, 2021 BY Alan Sayer

FXCM Adds Australian Share CFDs To its Platform

FXCM was founded in 1999 and is owned by the Jefferies Financial Group. It is regulated in several jurisdictions by the FCA in the UK, ASIC in Australia, CySEC in the EU and the Financial Sector Conduct Authority in South Africa.  The addition of Australian share CFDs adds to its current offering of US, EU…

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BDSwiss
August 06, 2021 BY Steffy Bogdanova

BDSwiss responds to FCA ban

In its response, BDSwiss stated: With regards to the FCA announcement and the use of our group website domain, we would like to clarify that all visitors and potential clients are presented with all brand entities and regulators, they are prompted to register under their own jurisdiction, and are even explicitly warned when attempting to…

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