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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

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Guest EA-trader

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?

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