Jump to content

ESMA


Guest GOVANTEAM

Recommended Posts

Guest GOVANTEAM

Could it be the case, when the great day comes next March and we regain control of our country, our laws

our financial matters, that this crazy ruling from the ESMA  on margin requirements will be OVERTURNED ? I've been spread betting 

for over 15 years now and only have had a few margin calls, that I attended to immediately .  I wonder why I'm

being disadvantaged ? If 80% of clients can't manage their risk levels ,that's their problem. This is way beyond a 

nanny state, it's Orwellian .  Room 101 here I come. 

Link to comment

This article published today has some interesting concepts to consider.

https://www.leaprate.com/forex/brokers/mathieu-ghanem-adss-rebrand-esma-changes-crypto-trading/

... The short term economic viability of the retail client segment will be severely stressed.

... We expect to see further development in regulation as the ESMA changes could create arbitrage opportunities for retail clients taking advantage of zero balance protection by having equal and opposite positions at different providers ...

... it will be interesting to see how the regulator reacts to some brokers who are ‘pushing’ their retail clients to their entities outside the ESMA region. This is permitted as long as the regions are seen as equivalent jurisdictions in terms of client protection and regulation (i.e. Mifid 2 rule mapping)....

Link to comment

there is absolutely no way in **** that leaving the EU will result in removal of this ESMA chat. The FCA have said explicitly that they support these rules and regs. 

It's happening boys - if anything we're FAR more likely to see places like Asian-Pacific (including Australia) get the same sort of leverage restrictions. 

It looks good to core voters and people who don't understand. In the same way as people make a big whoop dee doo about plastic straws (which actually only account for 0.03% of the plastic in the ocean compared to abandoned fishing nets and fishing gear which accounts for 46%), governing bodies and financial institutions will be able to say "Look - we have done a goody good good here and restricted peoples trading leverage (the common man sees leverage as bad little do they know the banks are still working off 35x leverage with their home mortgages and such)  so when the next big market crash happens we'll be able to say we helped"....

bore off.

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • Bitcoin ecosystem is growing speedily and this only means one thing— developers and users alike share a growing need for advanced tools, improved scalability and seamless interactions—an infrastructure OGLong team promises to deliver. Being the first community-owned launchpad designed specifically for Runes, OGLong is on a mission to transform the BTC-Fi ecosystem. It remains to been seen if OGLong will achieve its set goals but with innovative features like seamless Ordinal integration, BTC-Fi project launches, optimized Bitcoin transactions and more, the odds could be in their favour. Backed by a robust community and a a powerful native token $OGLG which is gearing for Bitget listing, if everything goes to plan OGLONG might be driving the next wave of blockchain innovation.
    • Hey everyone, I wanted to share my thoughts on the exchange recent announcement regarding the compensation plan following the unexpected BGB flash crash on October 7, 2024. Like many of you, I was caught off guard when BGB's price suddenly dropped over 50% from $1.2 to around $0.53 within just 15 minutes. It was a pretty stressful moment, but I was relieved to see the platform quick response. Immediate Action and Transparency The exchange immediately announced that they would fully compensate users for any losses incurred during the crash. They promised to release a detailed compensation plan within 24 hours and complete the process within 72 hours. So far, they've provided clear instructions on how to claim compensation and have been keeping us updated throughout the process. Awaiting Compensation While I haven't received my compensation yet, I'm optimistic given the platform proactive approach and commitment to user satisfaction. The detailed plan they shared looks promising, and I'm confident that they will follow through on their promises. It's reassuring to see the exchange taking responsibility and ensuring that users like me won't suffer financial losses due to the volatility. Looking Forward The exact cause of the flash crash is still being investigated, but Bitget swift and transparent handling of the situation has definitely strengthened my trust in the platform.  in the future. Overall, I'm impressed with how they have managed the situation so far.
    • As of now, ****'s Price  is trading at $0.00002112 as per Coinpedia Markets data , with a market capitalization of $1.6 billion. Notably, it has experienced a 12% increase in value over the last 24 hours. Its trading volume has surged by 139.28%, making **** the 26th highest volume cryptocurrency globally. This significant rise in volume highlights the growing interest in ****, leading many to consider its future trajectory and Bonkprice prediction. Strong Position Among Peers BONKPrice performance is particularly remarkable compared to other cryptocurrencies with similar market caps. It ranks higher in trading volume, indicating strong investor interest. This enthusiasm may pave the way for further price increases as market conditions appear favorable for its ontinued growth. Recent Updates in the Ecosystem its  ecosystem is evolving, marked by recent updates that enhance its user experience. The coin’s website has been revamped to feature a cleaner, more user-friendly interface, moving away from its initial meme-focused branding. Moreover,  it  has entered into several promising partnerships, suggesting a positive trajectory for its future. Emerging Partnerships While details about these partnerships remain under wraps, they signal an ongoing transformation within it's ecosystem. This evolution could provide additional momentum for the coin as it seeks to establish itself in the market. Technical Analysis From a technical perspective, it shows encouraging signs. It recently formed a falling wedge pattern, a setup that typically leads to upward movement. Following this pattern, it has successfully broken out and is currently experiencing upward momentum. This breakout is seen as a bullish signal, affirming the asset's potential for growth. Opportunities for Investors Traders who entered early are already reaping the rewards, but there may still be opportunities for new investors to join in. As it enters this expansion phase, technical indicators suggest potential gains of 70-80%. Key resistance points are important for profit-taking, and traders should keep a close eye on these levels to effectively manage their positions. In summary, BonkPrice is demonstrating strong performance and investor interest. With a revamped ecosystem and promising technical signals, the future looks bright for this cryptocurrency. As always, potential investors should stay informed and consider market dynamics before making decisions.
×
×
  • Create New...
us