Now that the leverage has changed, will we still be paying the increased interest as we are now borrowing less so surely the cost to borrow must drop ? Doesn’t make much sense if it stays at the higher rate.
Furthermore when will the spreads change to align more closely to market ?
Further to this, I found it quite under handed how we were told that the margin would be changing for stocks but only 70 stocks have had their margins changed ? Why was this list not disclosed beforehand so we could make informed decisions. Very poor from the platform. This whole fiasco has been handled very bad.
N.B It could be only 70 were changed today and the rest will come in due course, if thats the case then my apologies