Spreads to widen

Nut

Active member
131 6
NOT SO. Margin requirements are to be widened next month by a few of the spreadbetting firms and they have already written to clients to inform them of the changes. One of the first to do so was City Index and CMC were quick to write to clients informing them that their margin requirements are to remain the same (good selling point).

This is to protect them from clients' losses in highly volatile markets. City Index currently have a margin requirement of 5% for HBOS but this is being raised to 15%.

So then I was right, if on something of an historical basis. Remeber past performance is no indication of future perfomance so it could be theirs more to come.

Hope not though.

Nut
 

ns1000

Established member
524 38
So then I was right, if on something of an historical basis. Remeber past performance is no indication of future perfomance so it could be theirs more to come.

Hope not though.

Nut
No - spreads have NOT increased. Margin requirements have
 

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