Dear Client,
Due to the increase in market volatility over the upcoming US Presidential Elections, it has become necessary for us to adjust the margin requirements for some of our products in order to mitigate and manage the added risks.
This temporary change is effective from Monday, 2 November 2020 (Server Time 00:00) to Friday, 6 November 2020 (Server Time 24:00). It will apply to both new and existing positions.
Please find information as follows.
Adjustments to Margin Requirement | ||
Type | Instruments | New Margin Requirements |
Oil | USOUSD, UKOUSD | 1:100 |
Precious Metals | XAGUSD, XAUUSD | 1:100 |
Indices | ASX200, CAC40 ESP35, HK50 FTSE100, JP225 STOXX50, NDX100 US500, WS30 |
2% |
FX | All Forex Pairs | 1:200 |
We would like to remind you to promptly review any open or existing trades in your trading account and ensure you have sufficient margin to manage all positions.