Restricted speculative investment
A restricted speculative investment is the FCA's group name for the leveraged products covered by the retail CFD rules.
Explanation
The glossary lists four kinds, and only where they are financial instruments: leveraged contracts for difference, leveraged spread bets, leveraged rolling spot forex contracts other than a future that falls in one limb of the rolling-spot definition, and restricted options. COBS 22.5 uses this group for the marketing ban unless the risk warning is included, for the margin floor, for close-out, and for negative balance protection. The name is a handbook category. It is not a product a firm sells under that title, and it is not a comment on a client's motives.
This page explains published terms for education and reference. It is not financial, investment, tax, or trading advice, and it does not recommend a firm, product, or strategy.
Related terms
Sources and last check
Last checked . Rules, prices, and product names change. Read the source.