Market report: IG and CMC hit by CFD crackdown
The FTSE 100 takes its cue from Friday's strong session on Wall Street as US lawmakers move closer to passing legislation which would cut the corporate tax rate from 35% to 21%. In early trading the index is up 0.55% at 7,531.88.Trading platforms CMC Markets (CMCX) and IG (IGG) fall 14.9% to 142.75p and 10.3% to 657.5p respectively after the European Securities and Markets Authority (ESMA) announc