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The changes of trading conditions apply to some instruments due to high volatility

24.06.2016 02:23 PM

Dear Clients,

Britain's referendum is over, but high volatility and low liquidity still persist in financial markets. To protect clients' positions and the company's responsibilities from the risks related with the referendum's outcome, margin requirements on some trading instruments will be raised temporarily.

The changes of trading conditions apply to the following instruments:

GBPUSD, EURGBP, GBPCHF, GBPJPY, GBPAUD, GBPCAD, and GBPNZD – the margin required for opening new orders totals 2% of the deal size; the margin required for holding opened positions makes up 1%.

EURUSD, EURJPY, EURCHF, EURAUD, EURCAD, EURNZD – margin is raised to 0.5%.

GBP exotic crosses, EUR exotic crosses – margin is raised to 1% and 0.5%, respectively.

Stock indices are available only for closing.

A return to usual trading conditions will be announced later.

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