Without prying too deeply why did they call you? That's not normal practice for them, not that I know of at least.
Did you request a call?
I called them myself today to ensure I was able to cover the 100% deposit factor and asked them if they had heard something? The guy who I spoke to said they've heard nothing just had an email from 'upstairs' making them aware of the change in deposit factor. I think it's standard practice for suspended shares.
Asked them what would happen if I opted not to deposit the required amount to cover the position 100% and he said they would just look at either closing the bets entirely or reducing the sizes of the bets so that the account could handle the 100% deposit factor increase.
As long as we start trading again and the company are solvent and able to continue I am sure the deposit factor will soon be a little more flexible.
Only true bmrions know about the razor train and of course the alternative google board that was set up exclusively for only sycophantic MA lovers who basically just back slapped each other at the same time congratulating each other on being so clever for being in bmr and fantasising about the untold wealth they would recieve... in fact anyone dare just to hint at critism of MA or bmr on this board was instantly reported n banned and didnt have a hope of getting onto the google board.. ( it was exclusive and invite only ) Shall I name em in my next post... A couple of them are still posting here... all hail MA
First time I have heard of 100% margin so not really sure what it's all about..
If you have say 1m shares on CFD which would be £10k a point then it can only drop 1p down from the current level so you could only lose £10k more than you are losing already.. But if you are short 1m shares at 1p or £10k a point what would happen if the price opened up at say 5p??? A £40k loss?
As I say I'm not clues up with how it works but that would be my understanding.
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