This Saturday sees the UK Parliament sit in what could be one of the most important Commons’ sessions of the entire Brexit process. It will consider the Brexit deal that Boris Johnson has secured in Brussels with notable changes to the Brexit Withdrawal Agreement and Political declaration.
We hereby inform you margin requirements on GBP pairs, Euro pairs, European Indices: FTSE100, DAX30, CAC40, IBEX35, ESTOXX50 and XAUUSD have increased to 3%. With the uncertainty surrounding the outcome of this sitting, we expect a high level of volatility with the potential for market gaps on Sunday’s open.
Please note as high levels of volatility are expected, we do reserve the right to change margin requirements at any stage further if market conditions require.