In preparation for the potentially decisive weekend, we would like to inform our traders that we will perform certain margin changes.
As 31st October is just around the corner, the outcome of both events is critical to the Brexit pathway ahead. Our analysts foresee a significant potential for sizeable market gaps at next week’s market open.
It is likely that these developments will also ripple through EUR pairs and equity index CFDs. We therefore remind our traders to monitor their exposure heading into Friday, 18th October, market close. It is important that the trading accounts are sufficiently funded to sustain this heightened volatility.
In preparation for the potentially decisive weekend, we would like to inform our traders that we will perform a margin increase for all GBP FX pairs and European Indices at 19:00 GMT on Friday, 18th October. See below for full details:
|GBPUSD, EURGBP, GBPJPY, GBPCHF, GBPCAD, GBPNZD, GBPAUD, GBPHUF||3x|
|ESTX50, FRA40, SPAIN35||2x|
For example, if index positions are margined at 100:1 (1%), they will be temporarily increased to 33:1 (3%). We plan to revert these changes several hours after the market open or as market conditions dictate.
For further questions, our support team is here to help via chat, phone and email.