bitcoinist.com (nprofile…le2g)
✍️ The Canadian Investment Regulatory Organization (CIRO) has excluded cryptocurrency funds from its List of Securities Eligible for Reduced Margin (LSERM) due to high volatility, liquidity concerns, and regulatory uncertainties.
👉 CIRO has excluded cryptocurrency funds from its List of Securities Eligible for Reduced Margin (LSERM)
👉 Traders of cryptocurrency funds will need to maintain higher collateral levels
👉 The decision is based on CIRO's criteria for reduced margin, including price volatility, liquidity, and market capitalization
👉 Crypto funds do not meet these criteria, making them ineligible for reduced margin rates
#Canada #business
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https://www.tradingview.com/x/fdA9UKI8/
The Canadian Investment Regulatory Organization (CIRO) has announced that cryptocurrency funds will be excluded from its List of Securities Eligible for Reduced Margin (LSERM), a quarterly list that identifies securities qualifying for reduced margin rates. CIRO’s ruling, effective as of February 5, cites the “high volatility, liquidity concerns, and regulatory uncertainties” surrounding cryptocurrency funds behind […]
https://bitcoinist.com/canada-says-no-to-lower-margin-rates-for-crypto/