New Eu Regulation of derivatives/FX

This is a discussion on New Eu Regulation of derivatives/FX within the Forex Brokers forums, part of the Commercial category; Originally Posted by The Pear so in practical terms what will it cost me if I trade 1 (100,000) lot ...

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Old Feb 22, 2012, 11:31am   #8
 
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Re: New Eu Regulation of derivatives/FX

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Originally Posted by The Pear View Post
so in practical terms what will it cost me if I trade 1 (100,000) lot of EURUSD? if it is at 1.3200 am I going to be forced to stup up $0.13? Or will I have to pay in euros?

There is nothing concrete yet and they will have to draft the proposals on regulation which will give some more details. The issue that concerns me is that if retail fx which is non spreadbet has to go thru a market clearing house is that margins will go thru the roof!

We will have to wait and see!
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Old Feb 22, 2012, 12:40pm   #9
 
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Re: New Eu Regulation of derivatives/FX

More red tape that makes European business even more uncompetitive.
The sooner people realize the hole that is being dug for them the better and reject a system that is corrupt and basically useless.
Scrap the two Parliament buildings and all those overpaid MePs.
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