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ESMA and its implication

emotionaltrader
Oct 17 2018 at 06:33
99 postów
With 5 weeks of this Trial Period to go is there any sign, any news updates regarding what ESMA intend doing? Are they sticking with these new restrictions or are they going to go back to the old rules?

s1m3nk0n
Oct 19 2018 at 09:20
9 postów
The biggest implication is that traders are flowing out of EU-based brokerages into the brokerages that still offer 1:100-500 leverages. Not much will change besides that.

togr (togr)
Oct 21 2018 at 06:24
4862 postów
s1m3nk0n posted:
The biggest implication is that traders are flowing out of EU-based brokerages into the brokerages that still offer 1:100-500 leverages. Not much will change besides that.


Well US traders are already forced to follow stupid US rules over the globe
EU will maybe force the same.

togr (togr)
Oct 24 2018 at 13:29
4862 postów
The end of October is nearby.
ESMA should be either prolonged or cancelled.
IMHO it will remain here forever.

estraub
Oct 24 2018 at 14:34
23 postów
They have announced that it will be prolonged.
Nothing unexpected.
It just doesn't make sense to develop these rules 2 years and remove them after only 3 months...

Penrose2000
Oct 28 2018 at 07:42
10 postów
Did they say how long they would be prolonged? Or is this just a perminant thing now?

bellabella
Nov 01 2018 at 07:09
10 postów
As far as I know, the ESMA restrictions were extended until December 31, 2019. Or is it already outdated information? Unfortunately I do not follow such news.

jamesgwyther
Nov 02 2018 at 06:13
289 postów
Is there any serious issues with using say JAFX to get round these implications?

TiffanyK (TiffanyK)
Nov 02 2018 at 09:36
427 postów
The extension was expected. I heard the same 2019 but probably will remain for longer (like forever).

Accept the loss as experience
Hannibal55
Nov 04 2018 at 07:36
7 postów
I don't know why they don't just say it is a permanent thing. It clearly is going to be renewed forever

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