Yeah it pretty scary stuff Treggs.
Since ASX CFD's are exchange related, a worst case scenario for CFD's providers could obliterate the ASX market for that reason - and the flow on effect could be right into the heart of the Australian banking institutions who are issuing this debt.
As I mentioned before, Ruddy legislating the removal of the credit card option in CFD's would prove to me he's driving in the right direction in reforming this area of derivatives.
Even casino's have removed it from memory.
Yeah it pretty scary stuff Treggs.Since ASX CFD's are exchange...
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