The European Securities and Markets Authority (ESMA) has updated its Q&A on the application of MiFID to the marketing and sale of financial contracts for difference (CFDs) and other speculative products to retail clients (such as binary options and rolling spot forex).

A new question and answer has been added to page 24 of the Q&A covering what conflicts of interest aspects should national competent authorities consider when a firm offers CFDs or other speculative products to retail investors using a third party.

View ESMA publishes updated Q&A on CFDs and other speculative products, 1 June 2016