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Sarah Lowther

The FCA announces new spread betting rules to protect investors

Sarah Lowther
Original Broadcast:

Share Radio Breakfast

The FCA announces new spread betting rules to protect investors
The Financial Conduct Authority has announced a set of new rules to protect investors using CFD's, after it was revealed 82% of investors lost money. According to research by Financial Orbit, there are 125,000 active CFD accounts in the UK and the average loss is £2200. So, what's in store for companies offering financial spread betting and other risky investment instruments? Matt Cox spoke to Dice McCairn, Editor and Analyst at WhichInvestmentTrust, to find out more.

Guests: Matt Cox,Dice McCairn