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FCA proposes permanent changes to sale of retail CFDs and binary options

10th December 2018 8:39 am GMT

The UK’s Financial Conduct Authority (FCA) has proposed new rules to restrict the sale of certain complex financial trading derivative products to customers, including contracts for difference (CFDs) and binary options.

The FCA’s proposed rules follow those set by the European Securities and Markets Authority’(ESMA) in its existing EU-wide temporary restrictions on the products, although the FCA is also proposing to apply its rules to closely substitutable products, including so-called turbo certificates.

The [...]

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