LYC 0.90% $7.70 lynas rare earths limited

hq owes us, page-30

  1. 23,002 Posts.
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    Hi (No_8)

    Please see wikipedia as per sample below:

    "Step 1 Opening a position
    Buy 100 Apple CFDs at offer price 100 x $194.42 = $19,442.00
    Margin requirement is open position x margin percentage. Typical margin for equities is 3%-15% depending on the liquidity of the underlying instrument. In our example Apple CFDs require margin of 5%. $19,442.00 x 0.05 = $972.10"

    source: wikipedia

    Cheers
    Moorookamick
 
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