21 Jun 2019

US500 Product Specification Change

Dear Clients,

Please be advised that on Thursday 27th June, we will be making a product specification change to our US500 product, which will result in the 1 lot contract size changing from 1 contract to 10 contracts.

As this is a significant change, we will temporarily be changing our US500 product to “close-only” after close of trading on June 21st (it will not be possible to open new orders after this time). After the change is made on June 27th, US500 will be available for new orders again from around 12:00.

If you open a new position between now and the close of trading today on MT4, please ensure that you close this open position by the close of trading on 26th June. If you do not close your open position by this time, please be advised that it will be closed by us on the morning of Thursday 27th June. For clients trading on our FIX API service, this only applies if your aggregate US500 position is less than 10 units (if you have an aggregate position of more than 10 units, your position will remain open and not be closed by us).

If you have any questions about our services, please do not hesitate to contact us and we will be happy to assist you.

Kind regards,

Client Services