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FCA binary options & CFD proposals – what do they mean ref. IG Group, CMC Markets & Plus500?

By Steve Moore | Friday 7 December 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The FCA has announced proposals to “ban the sale, marketing and distribution of binary options to retail consumers” and “restrict the sale, marketing and distribution of contracts for difference (CFDs) and similar products to retail customers”. What does this latest nanny-state (oops sorry, “address harm to retail consumers from the sale of certain complex derivative products”) move mean for the firms in the industry?...

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