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HomeRight Arrow NotificationsRight Arrow Product UpdatesRight Arrow Margin requirement changes to CL-OIL, USOUSD and UKOUSD

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Product Updates 21 May 2020

Margin requirement changes to CL-OIL, USOUSD and UKOUSD

NOTIFICATIONS

As the oil market is slowly pacing towards normal conditions, we are pleased to advise that from 25th May 2020 we will reduce margin requirements for CL-OIL, USOUSD and UKOUSD to 1%

The below table is an example of how the margin calculation will apply following the change;

Example:

Product Current Margin New Margin
CL-OIL USD5000 USD1000
USOUSD USD5000 USD1000
UKOUSD USD5000 USD1000

Margin changes will be effective from 00:00am Monday 25th of May (MT4 Server time GMT+3). All other conditions and products remain unchanged.

Recently, the financial markets have been extremely volatile, and we continue to observe wide spreads, price gaps and periods of thin liquidity.

We continue to advise caution during this period of volatility, and recommend that you always monitor positions carefully and maintain a sufficient account surplus. If you have any questions or require further clarity surrounding this Oil margin adjustment, do not hesitate to contact your Account Manager or email [email protected].

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