The Central Bank publishes national product intervention measures prohibiting the sale of binary options and restricting the sale of contracts for difference (CFDs) to retail clients

The Central Bank has put in place national product intervention measures prohibiting the sale of binary options and restricting the sale of contracts for difference (CFDs) to retail clients.  The Central Bank binary options measure took effect on 2 July 2019 and the Central Bank CFD measure takes effect on 1 August 2019.  The measures are exercised by the Central Bank pursuant to Article 42 of MiFIR. It is intended that these measures will replace ESMA’s temporary intervention measures and ensure continued protection of investors by the Central Bank.

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