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50% margin close out rule


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Hi guys,

 

In the email from IG about the ESME changes, they talk about a "slightly amended 50% margin close out rule". I was wondering if James or anyone else from IG has more information for us on that? An example of what it will mean would be great.

 

Thanks,

Cate

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I'm eager to see a working example of the 50% close-out rule. There's very little information anywhere about it, let alone a breakdown of how it would work in practice. I'd like to start planning how I'm going to work around it. I'm guessing IG haven't finalised the details of how they'll implement it yet, so can't provide detailed explanations for us. Until then, I sit and wait.

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