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bob22

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About bob22

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  1. I have just been thinking about these new margin rules that ESMA are proposing, Lets say they are put into place and we have to abide by them.. Well would it be possible that somebody could set up a loan company where the money you borrow can only be used for collateral purposes, Lets say IG themselves lend me £10,000 ( and for which I would pay a small fee for the loan of that money ) That money goes into my account, but I cannot use that money for anything other than being used for collateral against spread betting or CFDs, I would then have enough money to be able to carry on trading and cover the high leverage margins, And IG would know their £10,000 was perfectly safe because I would not be able to spend it any where else, And also IG ( or another company who loans the money ) would make a small amount from me for the loan of the money, This is probably something that would never be able to get off the ground but it was just a thought...
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