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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by ytkim79on Sep 07, 2011 10:05am
300 Views
Post# 19017509

RE: Margin Power INCREASED???

RE: Margin Power INCREASED???IIROC rules for basic margin requirements in Canada and above $2 is usually eligible for reduced margin requirement on tsx. So most of the non-bank brokerages gives 70% loan value to cmk.to in Canada as long as it's closing bid was over $2.00.  newayz, most of the buyers this mornings are with big banks and they haven't changed margin rate on cmk.to so i dont think it was the margin change. 
cline seems to have stronger correlation with S&P on a bull market these days.
YT

 

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