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Published date: 25 July 2016

Warning about CFDs, binary options and other speculative products (ESMA/2016/1166)

ESMA and a number of national supervisors have observed an increase in the offer of speculative products, including financial contracts for difference (CFDs), binary options and other speculative products (such as rolling spot forex) to retail clients, and at the same time a surge in the numbers of complaints from investors who have suffered significant losses when trading these products.