Why ESMA Has No Intention to Review Leverage in Three Months
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Why ESMA Has No Intention to Review Leverage in Three Months
Last week the European Securities Markets Authority (ESMA) has published a communique, highlighting that the pan-European regulator has extended the ban of binary options for another three months. The news wasn’t a surprise, but it got some industry-insiders into thinking what will happen to CFDs leverage restrictions.
The discussion on whether the ESMA is introducing its caps on leverage on a temporary basis has been a popular topic into the enactment of the new regulatory framework too. Some industry participants have been hoping for the best. Others have been expressing skepticism and awaiting the verdict from the regulator.
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