EPISODE · Jun 5, 2023 · 36 MIN

Why ASIC issued a Stop Order on Saxobank CFDs?

from Talking Wealth Podcast: Stock Market Trading and Investing Education | Wealth Creation | Expert Share Market Analysis

In this week’s Talking Wealth Podcast, Dale looks at ASIC’s stop order on Saxobank, as ASIC temporarily stopped retail clients from opening CFD accounts. According to ASIC, Saxobank had deficiencies in their Target Market Determination (TMD). Saxobank complied with the order, which was lifted, but it raises the question whether the changes will really mean anything for retail clients. 

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Why ASIC issued a Stop Order on Saxobank CFDs?

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This episode is 36 minutes long.

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This episode was published on June 5, 2023.

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In this week’s Talking Wealth Podcast, Dale looks at ASIC’s stop order on Saxobank, as ASIC temporarily stopped retail clients from opening CFD accounts. According to ASIC, Saxobank had deficiencies in their Target Market Determination (TMD)....

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