Our letter to ESMA

2 February 2018

We’ve drafted a letter on behalf of the anonymous retail trader. We look forward to your amending as you see fit, and submitting to ESMA. If anyone feels like translating to languages other than English and Spanish, feel free to share in our Twitter account.  *You may e-mail your own take to: CFECFDBO@esma.europa.eu Dear ESMA, […]

Negative Balance Protection

Negative Balance Protection

25 January 2018

This post explains why negative balance protection is a regulatory faux pas that damages precisely the customers it ought to protect The European Securities and Markets Authority recently updated on its ongoing review of CFDs and other speculative products. ESMA weighs several measures for CFDs: Leverage limits on the opening of a position between 30:1 […]


Gearing up for MiFID 2: our preparations and plea to ESMA

19 September 2017

MifiD 2 – a pan-european piece of financial legislation applies from January 3rd, 2018. 10 years in the making, MifiD 2 builds on its predecessor, “to improve the functioning of financial markets, making them more efficient, resilient and transparent.” Whilst the overall scope of MiFID 2 is way beyond our scope … MiFID 2 & Retail Brokerage […]