Analysis: ESMA and the Professionalisation of the Retail Industry

[kreslik.news]

It’s been less than four months since the European Securities and Markets Authority (ESMA), a regulatory body whose name is likely to send shivers down the spines of retail brokers,announced its new restrictions on contracts-for-differences (CFDs) and binary options.

By now, most people in the retail industry are familiar with the regulation but, for those of you who have been living under a rock, ESMA’s edicts are still worth going over. Beware, this makes for scintillating stuff.

Binary options are out. Gone. Kaput. Finito. ESMA has decided to prohibit the marketing, distribution, and sale of them. This ... (read more)