Major Changes in Retail FX and CFDs: A Week of M&A Activity
Sunday, 21 July 2024, 09:02
Recent Developments in FX and CFDs
This week was marked by significant changes in the Retail FX and CFDs businesses, showcasing a high level of M&A activity.
Key Highlights
- OANDA and Saxo are reportedly up for sale.
- New regulatory restrictions on CFDs have been introduced in Spain.
- BUX UK has exited the UK market entirely.
- Trive has also decided to leave the UK.
Conclusion
The last week's events indicate a rapidly changing landscape for retail trading, emphasizing the importance of strategic responses to regulatory pressures and market dynamics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.