ESMA has published a new Q&A on the application of MiFID to the marketing and sale of financial contracts for difference (CFDs) and other speculative products to retail clients, such as binary options and rolling spot forex. This first batch of Q&As will focus on key aspects relevant to the authorisation of firms offering CFDs and other speculative products to retail clients and certain conflicts of interest arising from particular business model features and practices commonly observed in these firms. (Source: ESMA makes new CFDs Q&A)