View full page at forexfactory.com

 

Saxo Bank on ESMA's leverage restrictions: 'fair and proportionate'

From leaprate.com

Share Following IG Group Holdings plc (LON:IGG) and Plus500 Ltd (LON:PLUS)’s recent reactions, Copenhagen based multi asset broker Saxo Bank has also spoken, ‘strongly’ welcoming ESMA’s leverage restrictions. The measures include caps on leverage which Saxo Bank considers fair and proportionate. Saxo Bank expects these measures to be positive for clients and result in a more level playing field among EU providers offering margin trading, which will in turn move the competitive focus away from leverage and towards the quality of platform, price, product and service. Commenting on ESMA’s measures, Kim Fournais, founder ... (full story)

Story Stats

  • Posted:
  • Category: Forex Industry News