Dear Clients,
Due to the UK general election is scheduled to be held on 12 December 2019. There is a possibility of market volatility may substantially increase on all financial instruments, especially for GBP related currency pairs and Indexes, which may induce lack of liquidity and spread widening.
Therefore, we’ll be temporarily reducing the leverage on some of our instruments.
These changes will take place on Wednesday 11 December, 2019 at the market opening (start from server time 00:01) .
| Temporary Trading conditions | 1:400 Accounts | 1:200 Accounts | 1:100 Accounts | |||
| Before | After | Before | After | Before | After | |
| GBP currency crosses | 1:400 | 1:100 | 1:200 | 1:100 | 1:100 | 1:100 |
| GBP Indexes | 1:100 | 1:50 | 1:100 | 1:50 | 1:100 | 1:50 |
| GBP currency crosses including | GBPUSD | GBPAUD | GBPCAD | GBPCHF | GBPJPY | GBPNZD | EURGBP |
| GBP Indexes including | UK100 |
We advise that all clients closely monitor their account situation and make sure that there has sufficient margin in your account to cope with the temporary leverage adjustments.
We’ll be continuously reviewing the leverage offered and will return to normal leverage once the volatility on these markets has reduced. We encourage you to consider the risks involved during periods of extreme volatility.
Please feel free to contact us if you have any questions. Thank you very much for your kind attention!
Sincerely,
ATFX
