“The UK market is not saturated, rather it’s desaturated,” believes Matthew Smith, the CEO of EC Markets. His argument is based on the fact that none of the European contracts for differences (CFD) brokers sought UK approval following Brexit. The Financial Conduct Authority (FCA) earlier revealed that the number of such brokers was 100. Smith discussed an array of topics, including the present regulatory scene in the UK, the opportunities for brokers in the emerging markets, while playi...
