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Financial betting firms lose almost £2bn after FCA proposals

Started by NewsBot, December 11, 2016, 12:00:11 PM

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December 11, 2016, 12:00:11 PM
Financial betting firms lose almost £2bn after FCA proposals

7 December 2016

Financial betting firms lose almost £2bn after FCA proposals

Financial trading companies lost almost £2 billion (â,¬2.3 billion/$2.5 billion) yesterday (Tuesday) after the Financial Conduct Authority (FCA) proposed rule changes for firms selling contract for difference (CFD) products to retail customers.



Source: Financial betting firms lose almost £2bn after FCA proposals
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