In view of the recent stability of the Silver market, please be informed that the margin requirements for Silver products will revert to 1% from 5% with effect from Friday, 9 April 2021, 21:00 (GMT).

Product	Current Margin	Revised Margin
XAGUSD	5%	1%

Blackwell Global will continue to monitor market volatility and liquidity conditions in order to reassess margin requirements. Any necessary adjustments thereafter will be announced.

Thank you for your continued support and understanding.