The stock organizer in Canada has excluded the encryption funds from the qualification of low margins, noting the fluctuations, the risks of liquidity and organizational fears, which makes profitable trading more expensive.
The Canadian Investment Organization (CIRO) has ruled that cryptocurrencies will not be eligible to reduce margin rates, noting fears of fluctuations, liquidity risks and organizational uncertainty.
On February 5, Siro Absolute A new list of eligible securities to obtain a lower margin (LSERM). This quarterly list determines qualified securities to obtain reduced margin rates. The qualified financial institutions benefit from the reduced margin rates from improving capital efficiency and low trading costs.
In this announcement, Ciro said that cryptocurrencies are not eligible to get reduced margins “until another notice.” As a result, you will need investors who trade cryptocurrencies to maintain higher guarantees, making them more expensive to take advantage of encryption sites compared to stocks or boxes traded on the stock exchange (ETFS).
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