We would like to remind you that on November 8, a new president will be elected in the United States of America. There is a lot of uncertainty surrounding the event and it could have a significant impact on markets worldwide. We expect up to 48 hours of increased volatility affecting spreads and liquidity.
Effective November 7, we will be increasing the margin requirement on precious metals. Margin requirements are going to double on XAU, XAG, XPT & XPD. We highly recommend you take necessary actions to ensure your account has adequate margin in order to maintain existing positions and/or continue trading.
In preparation of the changes, you may need to close open positions and/or add funds to your trading account.
Please note that in the event of decreased liquidity in the market, HiWayFX may switch trading on low-liquidity instruments to "Close only" or can close all trading on these instruments.
If you have any questions / concerns please email email@example.com