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Gain Capital reluctantly agrees to adhere to Europe's new laws on CFDs

Published 03/27/2018, 05:02 PM
© Reuters.  Gain Capital reluctantly agrees to adhere to Europe's new laws on CFDs
  • Gain Capital (NYSE:GCAP) says it will adhere to the new laws by the FCA and ESMA regarding consumer protection in the retail FX and contract-for-difference markets. The new rules are in effect for three months but may be extended for an additional three months or more.
  • The broker believes that if the rules are implemented in Q2, they do not risk more than 5% of the company's total 2018 revenues.
  • Source: Press Release
  • Now read: Bitcoin: The Poison Has Begun To Spread


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