part 2 of the updates from IG Markets this week.
further to a proposed increase in the requirements for margins up to 20% on equities for retail customers, this morning they've communicated that the practice of previously allowing holdings under a non-margin lent Trading Account as collateral to be taken into account for margin requirements will cease.
So this is yet another avenue whereby a retail investor may get hit with a margin call.
Again timed to come into effect as of end of March 2021
It might be a good time to have some cash on the sidelines come April