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Spread- betting firms lose £ 1. 3bn in minutes after watchdog.
More than £ 1bn has been wiped off from the value of spread- betting firms after the financial regulator launched a crackdown on the spread- betting market to protect inexperienced retail customers from “ unexpected losses”.
The Financial Conduct Authority ( FCA) on Tuesday proposed tougher rules to help. Forex useful your life - KREA. The commission alleges that the banks have “ been directly or indirectly fixing prices in relation to bids, offers and bid- offer spreads” related to currency trades.