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12:02 pm UTC, June 22, 2017. By Andrew Saks-McLeod

Saxo leaves UK CFD and FX Association

“We have decided to no longer be a member of the UK CFD and FX Association because the association was not sufficiently reflecting our views and interests. Trading CFDs and FX instruments brings a number of advantages to retail investors that have previously been the preserve of larger financial institutions. However, trading these instruments also carries risks that should not be neglected and warrant high industry standards and firm and fair regulation. “ – Kim Fournais, CEO, Saxo Bank