The measures followed a targeted investigation of the sector, undertaken due to the high risk involved with online trading platforms.
The MNB noted that on January 15, 2015 – the day the Swiss National Bank scrapped the franc’s exchange rate floor – clients of Hungarian investment companies had lost close to HUF 11 bln on closed positions because of highly leveraged accounts. The average loss per client came to almost HUF 6 mln, an amount for which many did not have sufficient coverage, it added.