Jump to content
  • 1

After ESMA rules come into effect will tiers change?

Guest mav


1) Will tiers on indicies still exist.. eg, Dax 30 tier1, 0-100, tier2, 100-1000 and so on... and if so, will non guaranteed stops still reduce margin requirements? 


Link to comment

1 answer to this question

Recommended Posts

  • 0

Please note these changes only affect retail clients of EU firms (that are subject to ESMA regulation), and do not apply to professional clients.

Hi @mav Tiers are not changing right now but could change at any point in the future when we review product rates in the normal way. 

If you trade using guaranteed stops, position closure will now be triggered under slightly different terms from 1pm on Monday 30 July. When we calculate account equity today, we do not currently include running losses on positions with guaranteed stops. Under the new ESMA requirements, such positions will need to include running losses as part of the deposit ratio calculation. This means that your positions will be closed out when your cash, including all profit and loss, reaches 50% of your margin requirement.

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
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 11:53

    Newest Member
    IPS Temp Admin
    Joined 06/10/22 16:40
  • Posts

    • Hi @AndaIG, Please could the [LOUP] Innovator Deepwater Frontier Tech ETF be listed and made available for the ISA tax wrapper, pretty please? Many thanks, Sam
    • Look ahead to 31/5/23: China PMI; France GDP; Germany CPI Economic data is key on Wednesday. It starts in Japan with retail sales, followed by Chinese PMI.  Jeremy Naylor | Analyst, London | Publication date: Tuesday 30 May 2023  IGTV’s Jeremy Naylor looks at the chances that the Chinese yuan will weaken further as it becomes more and more obvious that the recovery in China is further away than initially expected. Then in the eurozone we’re looking at the CAC 40 and DAX as growth and inflation data is released. The only corporate on the schedule is from stationers, WH Smith.          
    • Charting the Markets: 30 May FTSE 100 lower while DAX moves higher in early trading, and Dow looks to edge up following reports of debt ceiling deal. EUR/USD declining and USD/JPY holding firm, while GBP/USD begins to show signs of a higher low. Chris Beauchamp | Chief Market Analyst, London | Publication date: Tuesday 30 May 2023  Gold’s pullback slows down, while Brent crude turns lower and natural gas struggles to hold the 50-day MA.               This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
  • Create New...