
Changes in equities terms due to ongoing market volatility
Dear Traders,
With the extraordinary market activity last week, and the temporary close-only restrictions we have added on certain securities, we would like to inform you that starting today, February 2, 2021, the opening of new positions on Invest.MT5 account (long only) in the securities listed in the table below is currently allowed, but limited.
- GME, Gamestop Corp (Class A), US (NYSE)
- AMC, AMC Entertainment Holdings Inc, US (NYSE)
- EXPR, Express Inc, US (NYSE)
- NOK, Nokia Oyj ADR, US (NYSE)
Maximum Exposure limit
A maximum exposure limit of 5000 EUR, or equivalent in another currency, is applied to each above-mentioned securities on Invest.MT5 account.
The exposure limit is the maximum absolute value of the position you are allowed to take in your account. So, if the current Stock price is $225 (approx €185), you would be able to open up to 5000 EUR, so 187 EUR = 27 lots
If your existing positions are already over the new maximum exposure limit, they will remain unaffected. However, you will not be able to open any new positions in each of these securities unless you sell enough of your holdings such that you are below the respective limit.
Kind regards,
Admiral Markets