29/11/ · The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is planning to prohibit the marketing, distribution and sale of binary options to retail clients at a national level. For this purpose, it has today published the draft version of a general administrative act (only available in German) 1/7/ · BaFin decided today to continue the ban on binary options on its own initiative for the German market. To this effect, a detailed “General Order” has been issued today (read here for details). In a short form here is the reasoning of BaFin, which is easy to understand in terms of content (Note: Why are warrants and certificates not also prohibited with the same reasoning?) 27/12/ · According to an official publication made on the website of BaFin, the marketing, distribution, and sale of binary options to small investors are going to get banned The German bafin ban binary options Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is planning to prohibit the marketing, distribution and sale of binary options to retail
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Bafin ban binary options German Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht — BaFin is planning to prohibit the marketingdistribution and sale of binary options to retail clients at a national level.
For this purpose, it has today published the draft version of a general administrative act only available in German. The German supervisor is thus already preparing for the expiry of the product intervention measure imposed by the European Securities and Markets Authority ESMA.
In particular, BaFin sees risks and thus considerable investor protection concerns in that binary options are complex bafin ban binary options lack transparency.
This is particularly true of the calculation of their performance as well as the underlying, bafin ban binary options. Unlike other financial instruments, binary options are also not traded on a market where prices result from supply and demand. Instead, it is the provider who determines the price, without its clients being able to understand or examine this.
Due to the generally extremely short terms, bafin ban binary options is exceedingly difficult for retail clients to accurately assess the risk-return profile.
The interests of providers thus directly conflict with those of their clients. For instance, providers could manipulate the price of the underlying at expiry of the binary option or change the term of the binary option by seconds or milliseconds, so as to avoid having to pay out on the option contract.
The marketingdistribution and sale of binary options to retail clients is already prohibited in the European Union due to a temporary measure imposed by the European Securities and Markets Authority ESMA. Written responses may be submitted until 20 December schuchhardt bafin. Sodemann bafin. Your feedback helps us to continuously improve the website and to keep it up to date.
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This will help us understand how our website is used. Further information is available under Data protection or Contact information and legal notice. Federal Financial Supervisory Authority Search Search. Tools Zum Artikel "BaFin plant nationale Untersagung von binären Optionen für Kleinanleger" in Sprache De utsch. Erscheinung: Did you find bafin ban binary options article helpful?
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, time: 8:46GERMAN BAFIN PLANS TO PERMANENTLY BAN BINARY OPTIONS | FinTelegram News
30/11/ · Binary (also: digital) options are futures where bets are made on the price, price or value of an Underlying. It is a short-term cash-settled asset that 29/3/ · 'Binary options are gambling products dressed up as financial instruments. By confirming our ban today we are ensuring that investors don’t lose money from an inherently flawed product.' UK consumers should continue to be alert for binary options investment scams and should only deal with financial services firms that are authorised by the blogger.comted Reading Time: 2 mins 29/11/ · The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is planning to prohibit the marketing, distribution and sale of binary options to retail clients at a national level. For this purpose, it has today published the draft version of a general administrative act (only available in German)
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