Q&A · ESMA
Margin close-out protection
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
For ESMA's CFD margin close-out protection, the funds in the CFD trading account are cash only, excluding other assets, and the unrealised net profits are the sum of unrealised gains and losses on all open CFD positions in that account.
Details
| Reference | ESMA_QA_1980 |
|---|---|
| Issuer | ESMA |
| Published | 1 Jun 2018 |
| Answered | 1 Jun 2018 |
| Submitted | 1 Jun 2018 |
| ESMA topics | Product intervention |
| Earlier Q&A document | ESMA 35-36-1262 Q&As on product intervention, Q&A 5.3 |
Provisions it relates to
- Article 40 MiFIR · ESMA temporary intervention powersInferred · 90%
- MiFIR (whole act)Explicit reference