My previous comment was deleted or not approved by moderator for some strange reason, perhaps too critical.
Can someone please help me to understand the rationale/logic/etc here...
The only reasoning supplied is as such:
We constantly review the products we offer in line with client demand. We have reviewed associated returns across our 12,000 leveraged share markets and decided to withdraw around 900 small-cap shares for spread betting and CFD account
1. Client demand-- some of these stocks have been among the top traded shares recently including MercadoLibre and 6/10 of the HotCopper Top 10 most discussed stocks list. So perhaps its not client demand
2. Associated returns? Not sure what this means-- can anyone inform me. IG doesn't make enough money off them?
3. Small-cap shares-- These are not all small-cap shares and includes BYD (645 billion market cap)