Analysis: Germany’s Ultimatum to CFDs Brokers – Negative Balance No More

[kreslik.news]

It’s been almost 2 years since the Swiss National Bank has derailed foreign exchange markets on the 15th of January 2015. With the date of the “anniversary” nearing, the regulatory consequences for the industry form the event are starting to materialize.

This year will be marked with a drastic shift in the regulatory environment across the European Union. Foreign exchange and CFDs brokers have come under scrutiny after years of relatively lax approach when compared to the U.S. and Japan.

The latest piece of regulatory news from the EU hit the wires yesterday. The German financial regulator BaFin has stated that the ... (read more)