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WShak Profile picture
WShak
@WShak1
Full Time Investor, NUFC
Feb 20, 2021 • 5 tweets • 2 min read
Will be an interesting week in many favourites. IG Group is exiting the market in 600-1000 highly speculative companies, and they will be requiring 100% margin from Friday.

What does providing 100% margin buy you? Another 30 days to close positions entirely. They want out. #IGG IG Group have been notoriously sound with risk management in the past but it does have an effect to those with highly leveraged positions. This is as brutal a change that they have ever come up with though. An immediate jump to 100% margin in so many retail favourites is a killer