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Dukascopy Bank Unstirred by ESMA Rules, But EU Subsidiary Has No Option

Posted: Wed Jun 06, 2018 8:43 pm
by kreslik.news

The online trading community continues to receive responses to ESMA’s new rules limiting the sale of risky trading bets to retail investors.

Dukascopy, the Swiss forex bank and brokerage firm, today said its main brand will not be affected by ESMA restrictions as it is located and regulated in Switzerland, which is not a member state of the EU. However, its subsidiary Dukascopy Europe will have no option but to comply with the new rules.

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Dukascopy indicated that it operates a broadly diversified business, which includes binary options and retail FX/CFD ... (read more)