Renesource Capital - News

    Renesource Capital

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    Decrease of margin rates

    Dear Clients, 

    Following the uncertainty posed by the geopolitical tension between United States and North Korea, and given that market implicit volatility in US Dollar (USD) and Yen (JPY) currency pairs as well as conditions in currency markets in general have stabilized, Renesource Capital risk team has taken a decision to reduce the margin requirements back to normal starting from October 17, 2017 23:00:00 Riga time (GMT 3).

    Margin requirements will be lowered for all trading account types (FX Micro, FX Classic and FX Pro incl. Demo accounts).

    Currency pair

    Current Margin rate

    New Margin rate

    AUDUSD

    3%

    1%

    EURUSD

    3%

    1%

    GBPUSD

    3%

    1%

    NZDUSD

    3%

    1%

    USDCAD

    3%

    1%

    USDCHF

    3%

    1%

    USDNOK

    3%

    1%

    USDSEK

    3%

    1%

    USDJPY

    3%

    1%

     

    AUDJPY

    3%

    2%

    CADJPY

    3%

    2%

    CHFJPY

    3%

    2%

    EURJPY

    3%

    2%

    GBPJPY

    3%

    2%

    NOKJPY

    3%

    2%

    NZDJPY

    3%

    2%

    SGDJPY

    3%

    2%

     

    USDDKK

    3%

    2%

    USDILS

    3%

    2%

    USDPLN

    3%

    2%

    USDSGD

    3%

    2%

     

    Full list of currency pairs and Margin Requirements

    Should you have any concerns please do not hesitate to contact your Account Manager or a Capital Markets team.

     

    Kindest regards,

    Renesource Capital


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