{"id":19521,"date":"2020-05-14T10:05:15","date_gmt":"2020-05-14T09:05:15","guid":{"rendered":"https:\/\/www.fbt-avocats.ch\/appels-de-marge-la-crainte-dune-3eme-vague-confirmee\/"},"modified":"2025-10-20T10:33:03","modified_gmt":"2025-10-20T09:33:03","slug":"appels-de-marge-la-crainte-dune-3eme-vague-confirmee","status":"publish","type":"post","link":"https:\/\/staging.fbt-avocats.ch\/en\/appels-de-marge-la-crainte-dune-3eme-vague-confirmee\/","title":{"rendered":"Appels de marge : la crainte d\u2019une 3\u00e8me vague confirm\u00e9e"},"content":{"rendered":"<section  class='av_textblock_section av-7dtlel-54646e090b2362c0ce717e7039213545 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-6hs9cd-aa7fd7160a86b43089fe650ca2464333\">\n.flex_column.av-6hs9cd-aa7fd7160a86b43089fe650ca2464333{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-6hs9cd-aa7fd7160a86b43089fe650ca2464333 av_one_full  avia-builder-el-1  el_after_av_textblock  avia-builder-el-last  first flex_column_div av-zero-column-padding  column-top-margin'     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-4ce1a8e90e265c1d9dfb5c1cfc3a3493\">\n#top .av-special-heading.av-av_heading-4ce1a8e90e265c1d9dfb5c1cfc3a3493{\npadding-bottom:10px;\nfont-size:26px;\n}\nbody .av-special-heading.av-av_heading-4ce1a8e90e265c1d9dfb5c1cfc3a3493 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n#top #wrap_all .av-special-heading.av-av_heading-4ce1a8e90e265c1d9dfb5c1cfc3a3493 .av-special-heading-tag{\nfont-size:26px;\n}\n.av-special-heading.av-av_heading-4ce1a8e90e265c1d9dfb5c1cfc3a3493 .av-subheading{\nfont-size:15px;\n}\n\n@media only screen and (min-width: 480px) and (max-width: 767px){ \n#top #wrap_all .av-special-heading.av-av_heading-4ce1a8e90e265c1d9dfb5c1cfc3a3493 .av-special-heading-tag{\nfont-size:0.8em;\n}\n}\n\n@media only screen and (max-width: 479px){ \n#top #wrap_all .av-special-heading.av-av_heading-4ce1a8e90e265c1d9dfb5c1cfc3a3493 .av-special-heading-tag{\nfont-size:0.8em;\n}\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-4ce1a8e90e265c1d9dfb5c1cfc3a3493 av-special-heading-h1 blockquote modern-quote  avia-builder-el-2  el_before_av_hr  avia-builder-el-first  av-inherit-size'><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >Appels de marge : La crainte d\u2019une 3\u00e8me vague confirm\u00e9e<\/h1><div class='av-subheading av-subheading_below'><p>FBT Avocats \u2013 Mai 2020<br \/>\nFr\u00e9d\u00e9rique Bensahel, Serge Fasel et Jean-Marie Kiener<\/p>\n<\/div><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4rtof1-6cb168409d4b952e81360eb2f8cb23b0\">\n#top .hr.hr-invisible.av-4rtof1-6cb168409d4b952e81360eb2f8cb23b0{\nheight:20px;\n}\n<\/style>\n<div  class='hr av-4rtof1-6cb168409d4b952e81360eb2f8cb23b0 hr-invisible  avia-builder-el-3  el_after_av_heading  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-jo5hremo-8df0535b4b08dc00af18df224af1af03 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><div data-canvas-width=\"431.1431666666666\">\n<div class=\"textLayer\">\n<div data-canvas-width=\"318.9300803304\">\n<p>Apr\u00e8s la crise financi\u00e8re de 2008 et l\u2019abandon du taux plancher en 2015, les mouvements de march\u00e9s provoqu\u00e9s par la crise sanitaire actuelle ont d\u00e9clench\u00e9 une vague d\u2019appels de marge \u00e0 l\u2019attention des investisseurs b\u00e9n\u00e9ficiant d\u2019un effet de levier et dont la valeur des actifs nantis ne couvrait plus les marges exig\u00e9es par les banques pr\u00eateuses.<\/p>\n<\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<div data-canvas-width=\"318.9300803304\"><\/div>\n<\/div>\n<\/div>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1xwhd9-afd37c19b28461d09397a418e175376c\">\n#top .hr.hr-invisible.av-1xwhd9-afd37c19b28461d09397a418e175376c{\nheight:20px;\n}\n<\/style>\n<div  class='hr av-1xwhd9-afd37c19b28461d09397a418e175376c hr-invisible  avia-builder-el-5  el_after_av_textblock  el_before_av_button '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='avia-button-wrap av-jo5hs5ts-5c35f62d0158c053c4531e7ceec738ee-wrap avia-button-left  avia-builder-el-6  el_after_av_hr  avia-builder-el-last '>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-jo5hs5ts-5c35f62d0158c053c4531e7ceec738ee\">\n#top #wrap_all .avia-button.av-jo5hs5ts-5c35f62d0158c053c4531e7ceec738ee{\nbackground-color:#44525f;\nborder-color:#44525f;\ncolor:#ffffff;\ntransition:all 0.4s ease-in-out;\n}\n#top #wrap_all .avia-button.av-jo5hs5ts-5c35f62d0158c053c4531e7ceec738ee .avia-svg-icon svg:first-child{\nfill:#ffffff;\nstroke:#ffffff;\n}\n<\/style>\n<a 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suite<\/span><\/a><\/div><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"datespeciale":[],"class_list":["post-19521","post","type-post","status-publish","format-standard","hentry","category-publications","competences-banking-and-finance","auteurs-frederique-bensahel-en","auteurs-jean-marie-kiener-en","auteurs-serge-fasel-en","date-publication-2020-en","diffusion-groupe-bancaire-en","diffusion-publications-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Appels de marge : la crainte d\u2019une 3\u00e8me vague confirm\u00e9e | FBT Avocats SA<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, 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