StockMarketWire.com - Plus500 has confirmed that BaFin has now concluded its recent consultation and issued a final set of CFD trading restrictions to be implemented by 10 August 2017.

It said the principal change is the implementation of negative balance protection where clients cannot lose more than their account balance.

The Company said:

"Plus500 welcomes this protection mechanism for the industry and reiterates that the Company has always provided balance protection to its customers across all its product offerings in all its markets, as a core principle of its business model. Plus500 also notes that BaFin has not implemented any leverage limits. Therefore these changes will have no effect on its business."




At 1:16pm: [LON:PLUS] Plus500 Ltd share price was -2.87p at 490.38p



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