21 Sep 2017

Temporary Margin Change – German Federal Election

Dear Clients,

Due to the upcoming German Federal Election on 24th September 2017, we are expecting EUR FX pairs and EUR CFDs to exhibit higher volatility over this period. Whilst these market conditions may present some trading opportunities, you should be aware that they may also result in wider spreads and reduced liquidity during periods of particularly high market volatility.

For our new services which launched on August 1st, details of the margin changes made to products on our Z.comTradeUKLtd-Live-UK server are noted below:

For the purposes of risk control, the required margin of EUR FX pairs and EUR CFDs will be increased temporarily from approximately 09:00 GMT time on 22nd September, until 09:00 GMT on 25th September. After 09:00 GMT on 25th September, the temporarily adjusted required margin levels will be reset to the existing levels.

Account Type Symbol Current Margin Temporarily Adjusted Margin
ECN Account EURAUD.e 1.50% 3.00%
EURCAD.e 1.00% 2.00%
EURCHF.e 2.00% 4.00%
EURCZK.e 2.00% 4.00%
EURDKK.e 2.00% 4.00%
EURGBP.e 1.00% 2.00%
EURHUF.e 2.00% 4.00%
EURJPY.e 1.00% 2.00%
EURNOK.e 1.50% 3.00%
EURNZD.e 2.00% 4.00%
EURPLN.e 2.00% 4.00%
EURRON.e 2.00% 4.00%
EURRUB.e 5.00% 10.00%
EURSEK.e 1.50% 3.00%
EURTRY.e 2.00% 4.00%
EURUSD.e 0.50% 1.00%
NED25.e 5.00% 10.00%
FRANCE40.e 3.00% 6.00%
DE30_L.e 3.00% no change
DE30.e 3.00% no change
ITALY40.e 5.00% 10.00%
SPAIN35.e 3.00% 6.00%
STOXX50.e 3.00% 6.00%

 

Classic Account EURCHF.c 2.00% 4.00%
EURGBP.c 1.00% 2.00%
EURJPY.c 1.00% 2.00%
EURPLN.c 2.00% 4.00%
EURRON.c 2.00% 4.00%
EURRUB.c 5.00% 10.00%
EURUSD.c 0.50% 1.00%
STOXX50.c 3.00% 6.00%
FRANCE40.c 3.00% 6.00%
DE30_L.c 0.50% 2.00%
DE30.c 0.50% 2.00%
ITALY40.c 5.00% 10.00%
NED25.c 5.00% 10.00%

 


For our legacy service which was available before August 1st, details of the margin changes made to products on the Z.comTradeUK-Live Sever are noted below:

For the purposes of risk control, the required margin of EUR FX pairs will be increased temporarily from market open on the evening of 24th September, until market close on 29th September. From market open on the evening of 1st October, the temporarily adjusted required margin levels will be reset to the existing levels.

Account Type Symbol Current Margin Temporarily Adjusted Margin
Legacy Account EURUSD 0.5% 1.0%
EURGBP 1.0% 2.0%
EURJPY 1.0% 2.0%
EURCAD 1.0% 2.0%
EURCHF 2.0% 4.0%
GER30 2.0% no change

 

Please be aware that if you have any open positions before the change is made, the adjusted margin requirement will be effective on your open positions. Therefore, please ensure that you have sufficient funds in your account to prevent the margin increase resulting in auto-closeout of your positions.

If you have any questions, please do not hesitate to contact us. Our Client Services team are available to assist you at all times.

Kind regards,

Client Services
GMO-Z.com Trade UK Limited

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