of the introduction of testing and gives the Bank of Russia additional powers for supervision, we specifically
Today, if you want to trade with leverage, there are barriers: the OTC derivatives market is not yet available to you, because it will only be open to non-qualified investors from April 1 next year, and only after special testing.
The Forex market, as you know, we have transferred to the status of only for qualified investors. That is, only experienced investors can trade with leverage. Unqualified investors are not allowed to trade there - except for those who have already done it. We left access to the latter, since they have already gained some experience and understanding - this is the so-called "grandfather clause".
Margin trading on the exchange remains. Margin trading today luxembourg whatsapp number data is about 3.5% of accounts. This is not much, and to connect, you need to go through a fairly serious client path with signatures that you understand how it works, and so on, and so forth.
It is no longer what it was before, when a person came to the market for the first time and was automatically, without saying anything, connected to the margin, and he opened positions, lost everything and even remained in debt.
We are monitoring the situation and believe that the volume of uncovered positions that exists on the market today does not cause any particular concern.
We will continue to exercise fairly strict control to ensure that the connection to margin trading is indeed accompanied by the correct information of the person. There will be testing after October 1 - in order to connect, you will need to correctly answer questions about the risks of the product.
The law was passed that accelerates the timing
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