Regulator continues to restrict boom-time CFDs

The Central Bank has decided to continue existing restrictions on ordinary investors using contracts for difference (CFDs), the market financial bets that played a starring role in the collapse of the Sean Quinn business empire after he used them to build up a huge stake in Anglo Irish before the bank’s collapse.

The restrictions for retail investors using CFDs were first brought in by the regulator European Securities and Markets Authority, and will now be continued by the Central Bank.