Amman, Jan 23 (Petra) -- The Jordan Securities Commission has mandated additional guarantees for financial services companies licensed as brokers trading Contracts for Difference (CFDs) in foreign exchanges.

The commission's board ruled that total minimum guarantees required for licensing must now reach JD2 million.

Licensed firms have until February 28 to comply with the new requirements and submit the mandated guarantees.

The decision strengthens regulatory oversight of firms handling third-party trading in foreign markets through CFDs, aiming to enhance investor protection in derivatives trading.

//Petra// AA

23/01/2025 12:14:44