Wednesday March 8 2017

News Source: Global Exchanges

Focus: Other

Type: General




The Central Bank has published a Consultation on the protection of retail investors in relation to the distribution of CFDs. Contracts for Difference (CFDs) are complex, leveraged, derivative instruments which enable investors to speculate on the short-term price movements of an underlying reference asset.

The Consultation Paper discusses the Central Bank’s concerns in relation to CFDs and outlines proposed measures currently under consideration which are aimed at protecting the interests of retail clients. Options under consideration include the prohibition of the sale or distribution of CFDs to retail clients in and from Ireland and the implementation of enhanced investor protection measures.

Click on the link above for further details.