Spreadex have announced that they will be cutting their margin rates starting next Monday on major indices and commodity markets.
Spreadex have announced that they will be cutting their margin rates starting next Monday on major indices and commodity markets.
As of 22nd November 2009, CityIndex will be reducing clients’ Margin Close Out Level from 100% to 80%.
From 21 September, IG Index has announced that they will be cutting their deposits on a range of FTSE 100 and major global shares, with many starting at just 5%.
CMC Markets is reviewing (mostly upping) margin requirement levels for many of their share instruments…
Cantor Index have raised margins by 10% with immediate effect. IG Index have upped theirs too.
CMC Spreadbet deserve full credit for not increasing their margins when others all around them seized the opportunity to squeeze more paper…
CityIndex have also increased their margins due to ‘exceptional market volatility’…
antor Fitzgerald said yesterday it was effectively doubling the amount of money that must be held on deposit when trading FTSE 100 stocks via spread betting or contracts for difference.