09
Apr
2020
Increment of Margin Requirements for all Cash Indices and Oil Products
In view of the recent and ongoing high levels of volatility in the markets, the margin requirements for all Cash Indices and Oil Products will be increased from Sunday, 12 April, 2100H (GMT).
Below is the list of instruments that are affected:
Clients are reminded to ensure that there is sufficient margin in your trading account to cover your open positions by this time.
During this period of high volatility, please note the following:
|
Cash CFDs and Oil Products |
|||
|
Product |
Margin Requirements |
||
|
AUS200 |
3 times |
||
|
DE30 |
3 times |
||
|
ES35 |
3 times |
||
|
F40 |
3 times |
||
|
HK50 |
3 times |
||
|
JP225 |
3 times |
||
|
STOXX50 |
3 times |
||
|
UK100 |
3 times |
||
|
US30 |
3 times |
||
|
US100 |
3 times |
||
|
US500 |
3 times |
||
|
USOil |
3 times |
||
|
UKOil |
3 times |
||
- Wider spreads: There’s a propensity for liquidity providers to limit their liquidity at certain times potentially leading to a widening of spreads and increased possibility of slippage on executed orders beyond what normally would be deemed acceptable.
- Increased swap charges: Swap charges may increase or vary significantly in the interbank market. You’ll need to maintain sufficient equity in your account to withstand these.
- Margin requirement: Ensure you have enough margin in your account at all times including on hedged positions. If spreads widen, your hedged positions could potentially be stopped out.