Revision of Margins Planned Due to U.S. Presidential Election

    The 58th quadrennial United States presidential election will be held on Tuesday, 8 November, 2016. This will be one of the biggest events across the world this year, as the U.S. is the largest economy in the world. In order to protect clients from increased volatility in the market that might occur during such event, Blackwell Global will be increasing margin requirements. The new margin requirements related to the U.S. Presidential Election will be delivered to you during the first week of November by email, and can also be accessed on the company website. Blackwell Global has taken this measure to help our valued clients manage the potential risk through this period of expected volatility and uncertainty. As your broker, we are deeply concerned about your financial security and we suggest that you avoid trading on the affected instruments so as to minimise exposure to increased risks. Please ensure that your margin collateral is properly managed especially during this uncertain period – as such periods of heightened volatility can create possibilities of significant price gaps and periods of illiquidity, which can potentially put your account on a margin call. If you have open positions during the affected period, margin requirements to keep those positions open could rise. We would like to stress that Stop Loss Orders are not guaranteed to be filled at your order level; Stop Orders are converted to Market Orders once triggered, and dislocations in available liquidity could result in significant slippage on Stop Orders. For more details, please read our Terms of Business. Blackwell Global expects changes in margin requirements to be temporary. We will closely monitor market volatility and liquidity, and will reassess the margin requirements relative to the situation before, during and after the Election and make the necessary adjustments thereafter.