Posted 15/06/2016 03:00 GMT+0
Dear Valued Clients,
You are probably aware that on Thursday, June 23, 2016; a referendum will take place in the United Kingdom (UK) that will determine whether or not they will remain in the European Union (EU). This event has been referred to as the 'Brexit'
Recent polling suggests the ‘Leave’ camp is narrowly favored, whereas the ‘Remain’ camp is slightly behind. However, there are a large portion of undecided voters who will play a crucial role in the vote outcome.
The referendum is generating increased volatility and uncertainty within the market. This will mostly be affecting all GBP and EUR currency pairs, and the UK100 Index.
As such, from June 16, 2016; we will be making the following changes:
These measures are likely to be temporary, however please be aware that you should factor in these margin requirements and the potential unprecedented volatility in the markets to adjust your trading strategies accordingly.
If you are planning to hold open positions during this period, please consider adding funds into your trading account, to reduce the risk of margin call or account liquidation.
If you have any questions or concerns, please do not hesitate to contact our friendly staff, who are available by email (email@example.com) or live chat.