XJO 0.33% 8,226.3 s&p/asx 200

margin calls

  1. 9,803 Posts.
    This is interesting... from Man via etrade

    Dear CFD Trader,
    >
    > Please be aware that due to recent market volatility that the following
    > margin rates have been increased and are effective immediately:
    >
    > OXIANA LTD (OXR.ASX) Old Margin 10% NEW MARGIN 15%
    > ZINIFEX LTD (ZFX.ASX) Old Margin 10% NEW MARGIN 15%
    > LIHIR GOLD (LHG.ASX) Old Margin 10% NEW MARGIN 15%
    > PALADIN (PDN.ASX) Old Margin 10% NEW MARGIN 20%
    > BENDIGO MINING (BDG.ASX) Old Margin 10% NEW MARGIN 20%
    >
    > Note that if you currently hold a position in any of the above stocks that
    > your initial margin requirements will be affected and your account could
    > possibly be on margin call. All margin calls are to be settled the same day
    > by either reducing open positions, cancelling outstanding orders or
    > depositing funds with proof of deposit required before 4pm AEST to the CFD
    > desk.
    >
 
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