Changes to Trading Terms due to Brexit Agreement Vote in the UK Parliament
Dear Traders,
Market uncertainty is increasing due to the upcoming vote on the Brexit agreement in the UK Parliament. The vote is planned to be held on Tuesday, 15 January 2019. In response to this situation, we'll be making temporary changes to our trading terms.
Starting from 09:00 (EET) on Tuesday, 15 January 2019 and until 12:00 noon (EET) on Wednesday, 16 January 2019, we will reduce the maximum possible leverage on selected CFD instruments as follows:
1:200 on Forex and selected commodities: All currency pairs (except CZK and RUB pairs) and GOLD, SILVER, WTI, BRENT;
1:100 on Indices and select futures-based instruments: [ASX200], [DAX30], [DJI30], [FTSE100], [NQ100], [SP500]; [CAC40], [HSI50], [JP225], [STOXX50].
Amended margin requirements will apply to open positions and will affect the amount of your current margin collateral. Please be advised to carefully check your account status.
Margin requirements in respect to positions established in other instruments with the leverage of 1:100 or lower will not be affected by this temporary change to the trading terms. At the same time, we reserve the right to make further changes to trading terms depending on the market situation.
Kind Regards,
MTrading