Tag: ESMA rules

April 22, 2019 BY Valentina Kirilova

The Dutch AFM bans binary options and restricts sales of CFDs

The Dutch Financial Markets Authority (AFM) has announced that it has taken national measures mirroring ESMA’s last year restrictions. The AFM will prohibit Binary Options and restrict the marketing, distribution or sale of CFD to retail investors. LeapRate reminds that the new rules, formalized by ESMA in late March, came into effect: Binary Options – from…

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ESMA - Did they go too far?
December 20, 2018 BY Valentina Kirilova

ESMA renews restriction on CFDs for a further three months

Pan European regulator ESMA has decided to extend its CFD and Forex leverage cap (and related rules) for a further three months. The three month trial has already ended on November 1. The effects of ESMA’s rules have already begun to be felt by the online brokerage industry, with reduced Revenues reported by the likes of IG Group and CMC Markets.…

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December 10, 2018 BY Valentina Kirilova

FCA to make CFD restrictions permanent following ESMA proposals

Pan-European financial regulator ESMA has released its proposals to govern leveraged trading back in March. For its part, UK regulator the Financial Conduct Authority (FCA) stated that it supports ESMA’s application of EU-wide temporary product intervention measures. The FCA expected to consult on whether to apply these measures on a permanent basis to firms offering CFDs and binary…

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