December 06, 2016 BY Valentina Kirilova

Ugly day for spread betters, shares plunge more than 30pc after FCA's announcement

Ouch! Financial spread betting companies are getting hammered really hard today after the FCA proposed stricter rules for CFD trading. CFDs, including spread bets and rolling spot foreign exchange products, are agreements between two parties to exchange the difference between the opening price and closing price of a contract. London-listed spread betters plunged by around…

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