In accordance with our risk management procedures and due to increased volatility, please be informed that the Company will be increasing margin requirements for a number of CFDs on US Stocks from 10% to 20%. The changes will be implemented starting July 16th, 2020 from 23:59 server time (UTC 2) (the ‘Effective Date’).
The CFDs on US Stocks for which the margin requirements will be adjusted is as follows:
- GM (General Motors Co)
- EBAY (eBay Inc)
- MO (Altria Group Inc)
- GE (General Electric Co)
- PFE (Pfizer Inc)
- F (Ford Motor Co)
- HPQ (HP Inc)
- IP (International Paper Co)
- BUD (Anheuser Busch Inbev NV (ADR))
- RIO (Rio Tinto plc (ADR))
- MET (MetLife Inc)
- RDSb (Royal Dutch Shell plc (ADR))
- ITUB (Itau Unibanco Holding SA (ADR))
As the above mentioned may influence your trading portfolio as a whole, including your open positions, we encourage you to trade responsibly by monitoring and adjusting your positions as you deem appropriate or by making sure that your account is sufficiently funded to support significant changes within the trading terms.
We advise you to visit once again the Risk Disclosure Statement, available on our website.
We also recommend that you visit our CDFs page on the Effective Date to view the updated information for each CFD on the above-mentioned stocks.
We wish to take this opportunity to thank you for your valuable business with us.