Yes, it doubles the lots, which is just the purpose of a reduced margin. Zorro does not close out trades, it stops trading when the equity gets dangerously close to the used margin.
Re: Z1/2/12 and the new ESMA regulations
[Re: jcl]
#473733 08/08/1812:2308/08/1812:23
So in this case, 1/2 the margin cost * double the lots = same used margin - i.e., no change.
The issue here is that due to ESMA the broker is imposing a new, more strict definition of "dangerously close" as well as closing trades when that happens.
I gather Zorro has nothing built-in to accomodate this, correct?
Thanks.
Re: Z1/2/12 and the new ESMA regulations
[Re: DdlV]
#473735 08/08/1818:5808/08/1818:58