European Financial Transaction Tax

[options-george]

I know very little about this.

https://en.wikipedia.org/wiki/European_Union_financial_transaction_tax

Is this something that would apply to retail traders trading CFD's? In other words, would retail traders need to pay a levy every time they executed a trade?

I thought I ask here, in case somebody has already done some work on it and is willing to share their findings.

 

[Pat494]

It is just the sort of daft move, probably driven by envy, that the political clots give the industry away to the competition in the US and Asia.

 

[tomorton]

I only hope it doesn't catch spreadbetting in the net.