Spread betting firms plunged 30% earlier today after the Financial Conduct Authority announced new regulations for the sector. Chief among their fears was that customers using these products didn't understand them properly and as a result weren't aware of the risks involved.
Share Radio's Juliette Foster speaks to Billy Bambrough, City A.M.'s deputy news editor, to help illuminate what these products are, what the new rules entail, and which firms will be affected the most by the change.