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 post

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 post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      15,438
    • Total Posts
      74,004
    • Total Members
      62,387
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Kinglawrence9
    Joined 20/06/21 12:55
  • Posts

    • 👀  Very interesting article by ZeroHedge on the recent big main stream narrative flip (China lab leak); Why The Davos Elites Just Played The 'Jon Stewart' Card | ZeroHedge ''Now Stewart comes out at this moment to pull his schtick on Colbert’s show to rally the libs to the whole WuFlu, “China Did It To Us” Narrative The Davos Crowd is pushing on us now?  '' ''They’ve pulled out the Jon Stewart card to convince the squishy Millennials that China is our enemy.  Google will now whitewash all references to Ft. Detrick, their October 2019 exercises and all the rest of it.  Remember, Millennials, in general, don’t know anything.  They just Google **** and think they’re informed.''   Here is the comedy show segment (8 min) the article centres on, watch it first.    
    • Sky reports on a new 'outbreak of covid' found during the mass testing of asymptomatic kids. No rise in 111 calls, or hospital admissions, or deaths. So just another outbreak of faux 'cases' then. This is why the mass testing of asymptomatics is a waste of time and nearly every other country is stopping it. The UK keep it up because it's useful to coerce people into taking the jab. They already stopped it for adults, they've been jabbed. There is only a few hours between getting infected and developing symptoms, very few would actually be tested then. Once you have symptoms you are not allowed in a testing station or at school. So most of those 'cases' are false positives, or bad lab work (even the BBC admits that is happening), or most likely people with immunity who have come into contact with the virus up to a month previously and old fragments from the destroyed virus are left in the blood. This virus has been circulation for over 18 months, there can't be many who have not already come into contact with it. But but but variants!!!!!!!! There are already many research papers out that show that immunity works on the variants. Only govt science experts and model makers pretend otherwise.   Meanwhile, continuing studies (if you've been jabbed you're in it) are showing the vaccines to be increasingly unsafe while more and more studies show Ivermectin is safe, cheap and effective against covid and can also be taken prophylactically.   Ivermectin for Prevention and Treatment of COVID-19 Infection A Systematic Review, Meta-analysis, and Trial Sequential Analysis to Inform Clinical Guidelines' Ivermectin for Prevention and Treatment of COVID-19 Infectio... : American Journal of Therapeutics (lww.com)      
    • GREAT CONUNDRUMS OF OUR TIMES:   1/ The WHO, having originally said it wanted a ban on alcohol for pregnant women now proposes the ban should apply to all women of childbearing age.  | BPAS HOWEVER, the WHO also says it's perfectly fine to inject pregnant women with an experimental vaccine. 🤔   2/ THORPE PARK says; ''in line with our ride restrictions, all our guests who are mask exempt are required to sit in the row farthest to the back to reduce the risk of air transmission aboard our attractions.''  BUT, as @dontbetyet points out, ''The risk of a ride malfunctioning and someone being injured / killed is a greater risk to someone in the theme park than outdoor transmission. Therefore it would be prudent for THORPEPARK to shut for good as the risk is far too great!''  🤔   OR THIS; 3/   OR THIS; 4/ You're the head of the NHS and are asked for your thoughts on Mad Matt Hancock - what do you do? 🤔     .      
×
×
  • Create New...