June 06, 2017
French Legislative Election on June 11th, 2017
Dear Traders,
Due to the upcoming French Legislative Election on June 11th, 2017, the market might turn unpredictable under the circumstances of pretty low liquidity and high volatility.
To protect the clients’ positions and to condense the unjustified risks the following changes might be applied from 20.00 (server time) on Friday, June 9th, 2017 till 02.00 (server time) on Monday, June 12th, 2017:
- Increase in the margin requirements for new positions for all pairs (leverage up to 1:100);
- Spread widening for EURs and for other pairs; - Changing of Margin Call/Stop Out levels;
- Enabling of the Close Only mode.
In addition to the above mentioned, the company reserves the right to apply the changes based on the upcoming situation at the market. The traders will be notified via our website, e-mail or MT4 mail.
Please pay attention to the above information and take it into account when optimizing your trading positions and their volume.
Best regards,
FXCL Team