Jump to content
  • 0

ESMA proposal discussion topic


JamesIG

Question

As many of you are aware ESMA have proposed introducing leverage limits of 30:1 to 5:1 on retail trading. The proposals would increase the margin required to open a CFD trade or spread bet on EUR/USD to 3.33%, the DAX to 5%, and equities to 20%. This is still only a proposal which hasn't been finalised and you can #ReplytoEMSA here.

 

2018-01-29 11_57_26-Leverage restrictions - Reply to ESMA.png

 

You can have your say on this matter by using the following link (or any link on this post) which will be sent to the European regulators. The deadline is the 5th of February 2018 so if you would like to be heard please make sure you submit via the above link before Monday. 

 

If you would like to discuss this with other community members please feel free below, but remember anything posted in this thread won't be seen by ESMA and will have no impact on any decision making process

Link to comment

1 answer to this question

Recommended Posts

  • 0

ESMA has listened to traders on margin close-out rules and adapted its policy accordingly. A 50% close-out rule will now apply on an account basis, rather than on a position-by-position basis. We’d like to thank all traders who submitted views – your valuable input has resulted in a positive shift for the industry rather than a backwards step.

 

Is this now a rule? If a trader has 10k and losses are 4,500 ,margin is £1000, what will happen to open positions?

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      16,590
    • Total Posts
      79,242
    • Total Members
      65,070
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    zwtan
    Joined 29/11/21 18:28
  • Posts

    • Market data to trade on Tuesday: USD/JPY; CAC40; EZJ As the Omicron variant dominates headlines worldwide, Daniela Sabin Hathorn looks at the latest economic data out on Tuesday, including inflation and employment in Europe, and GDP and consumer confidence from Canada and the US. On the corporate calendar, earnings from easyJet (EZJ) will be the main focus as the recovery in European travel seems to be under threat once again. https://www.ig.com/uk/market-insight-articles/market-data-to-trade-on-tuesday--usd-jpy--cac40--ezj-211129
    • Watching the Covid winners on IG’s all-sessions trading     All the best - MongiIG
    • Reading the markets to establish what is sending trade in a particular way opens up opportunities that some may miss. Today it seems there’s a further leg up for drug companies that are in the business of finding the next vaccine. IGTV’s Jeremy Naylor looks at Pfizer, BioNTech and Moderna. https://www.ig.com/uk/market-insight-articles/watching-the-covid-winners-on-igs-all-sessions-trading-211129 Moderna (all-sessions) up for a second day       BioNTech (all-sessions), like MRNA, working on adaptive #Covid vaccine     Pfizer all time record high (all-sessions)
×
×
  • Create New...