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10/06/21 10:53
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Posts
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Just while the EU agreed for banks to hold 2% of their capital in BTC via a collective vote that will come into power by Jan 2025! The Dubai-headquartered crypto exchange Bybit has announced the suspension of services to the United Kingdom in response to pending rules from the country’s Financial Conduct Authority, or FCA. In a Sept. 22 announcement, Bybit said it will start suspending services to U.K. residents on Oct. 1 by no longer allowing new account applications. This move will be followed by the suspension of new deposits, new contracts, and changes to positions for existing users on Oct. 8. Interestingly one of the top five global derivatives trading platforms by volume remains active within same region. -
In my opinion, higher lev is for scalpers only! For day or swing traders, either spot or lower lev is always recommended! -
Just now, according to Glassnode data, the number of addresses holding more than 100 BTC has reached a four-month low, currently standing at 15,955.
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Question
aliali88
extracted from IG help center:
Rights issue example
A company you have a long position on offers a rights issue, allowing you to buy five shares at 20p for every one share you already own. On the ex-date, your position is equivalent to owning ten shares.
We’ll open a new position worth 50 shares, leaving your original position unaffected. If you decide to take up the offer, you’ll get 50 new shares at a level of 20p per share.
I don't understand the part that "you will get 50 shares at 20p"
Does it mean I receive the underlying shares?
How do I sell these shares that i received?
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