Analysis: FCA Bombshell Only Temporary Slowdown for UK Forex and CFDs

[kreslik.news]

This morning will certainly become one of the most important days for the forex and CFDs trading industry for 2016. The UK Financial Conduct Authority has presented a mini black swan event for that part of the industry that is regulated by the watchdog.

The news that the regulatory agency is preparing to put a cap on leverage for retail traders in the UK has startled brokers and investors in broking companies that are catering to retail traders. Brokers that have significant exposure to the UK market, including CMC Markets, IG Group, Plus500 and GAIN Capital (via City ... (read more)