Q&A · ESMA
Payments
Answered
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Under ESMA's CFD measures, initial margin payments are cash payments to enter into a CFD, excluding commissions and fees; cash credited against other client assets used as collateral does not count.
Details
| Reference | ESMA_QA_1979 |
|---|---|
| Issuer | ESMA |
| Published | 9 Nov 2018 |
| Answered | 9 Nov 2018 |
| Submitted | 9 Nov 2018 |
| ESMA topics | Product intervention |
| Earlier Q&A document | ESMA 35-36-1262 Q&As on product intervention Q&A nr 5.2 |
Provisions it relates to
- Article 40 MiFIR · ESMA temporary intervention powersInferred · 90%
- MiFIR (whole act)Explicit reference