Please be aware that following the margin increases from our liquidity providers and, in light of the recent volatility in the oil markets, we will change margin requirements for our CL -Oil, USOUSD and UKOUSD instruments.
The underlying market conditions for the Oil products have been extremely volatile lately, and we continue to observe wider spreads, price gaps and periods of thin liquidity.
Following the changes, the new margin requirements will be approximately 10 times the current margin required to trade these products.
|Product||Current Margin||New Margin|
|CL Oil||USD 1000||USD 10,000|
|USOUSD||USD 1000||USD 10,000|
|UKOUSD||USD 1000||USD 10,000|
The above margin changes will take place effective from 24thApril 22:00 (MT4 Server time).
We would like to advise caution during this period of continued volatility. We recommend that you monitor positions carefully and maintain a sufficient account surplus throughout this period.
If you have any queries, feel free to contact your Account Manager or email [email protected].
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