Euronext Liffe members could soon be allowed to loan
customers money for margin payments, bringing the exchange in
line with Eurex.
Liffe has proposed amending a rule that currently prohibits
members from extending credit to their customers for the
purposes of margin payments.
Liffe market secretary Nick Carew Hunt told FO
Week, "this is something that has been on the rulebook for
some time and which no longer fits with the regulatory regime
or the way business is done in Europe."
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.