FCA Targets Professionals

[kreslik.news]

This article was written by Meir Velenski, Director of Fibonatix.

The announcement today that the Financial Conduct Authority (FCA) in the UK is planning to reduce the leverage and gearing on CFD products for retail clients means that the FCA is looking to focus on professional clients.

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The UK CFD, FX and spread bet market is one of the biggest retail trading markets in the world. The financial centre has built its reputation up over many decades as a safe and secure place to do business, based on ... (read more)