Why the UK Banned Crypto Derivatives for Retail Investors
Since January 6, 2021, UK firms cannot sell crypto CFDs, futures, options or ETNs to retail clients. Why the FCA acted, what the ban covers and the criticism.
OTCN editorial market coverage.
Since January 6, 2021, UK firms cannot sell crypto CFDs, futures, options or ETNs to retail clients. Why the FCA acted, what the ban covers and the criticism.
Exchanges pause a single stock for pending news, extreme price moves or regulatory concerns. The types of halts, how long they last and what happens after.
US circuit breakers halt trading when the S&P 500 falls 7%, 13% or 20% in a day. How they work and when they fired: once in 1997 and four times in 2020.
Short sellers face price tests, locate rules and emergency bans that vary by market. How the US alternative uptick rule works and what the 2008 ban showed.
Exchanges, brokers and regulators run surveillance that flags spoofing, insider trading and other manipulation. How it works, with the JPMorgan spoofing case.
Retail CFD leverage is capped at 30:1 for major currency pairs and 2:1 for crypto in the EU and Australia; the UK banned crypto derivatives. How they compare.
The GENIUS Act, signed in July 2025, requires US payment stablecoins to hold one-to-one reserves, report monthly and pay no interest. What changes for users.
From August 2018, EU retail CFD traders faced leverage caps, a 50% margin close-out, negative balance protection and standard risk warnings. What changed.
Client money segregation keeps customer funds separate from a broker's own money so they can be returned if it fails. How it works and what MF Global showed.
Best execution requires brokers to get the most favorable terms for client orders, not just the quoted price. What it covers, how it is checked, why it matters.