Three of the leading UK forex brokers – CMC Markets, IG Group, and Gain Capital’s City Index, are forming a contract for difference (CFD) providers association as a response to the recent announcement of the UK Financial Conduct Authority (FCA) that it intends to alter the regulation of forex trading service providers. The newly-formed lobby organization could unite UK brokers in discussing and fighting the local regulator’s recently announced regulatory changed regarding the forex industry. The new rules are proposals at this point and the regulator is seeking market participants’ feedback. The newly-formed CFD association will facilitate brokers in communicating their concerns and worries.