Retail proprietary trading is no longer among the European Securities and Markets Authority’s (ESMA) immediate regulatory priorities , according to Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides, despite the sector’s rapid global expansion.
Speaking to Finance Magnates, Theocharides , who also chairs ESMA’s risk standing committee, said there are currently no substantial discussions underway on regulating the retail prop trading industry.
“To the best of my knowledge, ESMA
