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ESMA: Q&A relating to the provision of CFDs and other speculative products to retail investors under MiFID

25 Jul 2016 (UPDATED: 13 Mar 2026) International 1 min read

ESMA has updated this Q&A to include information on the information provided to clients and potential clients about how CFDs and other speculative products work and the risks involved; the assessment of a retail client or potential retail client’s ability to understand the risks involved in order to determine whether trading in CFDs or other speculative products is appropriate for them; and factors for supervisors to consider when firms offering CFDs or other speculative products to retail clients enter into certain commercial arrangements with other authorised firms.



Last updated · 13 Mar 2026
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