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October 18, 2017

The Early Parliamentary Election in Japan

Dear trader,

The early parliamentary election will take place in Japan on October 22nd, 2017. Due to the event, sharp volatility increase and thereby reduction in liquidity are possible for all instruments containing Japanese Yen (JPY) as well as a jump in spreads and price gaps.  

For the period from 18:00 (server time), October 20th, 2017 till 18:00 (server time), October 23rd, 2017 the company makes modifications to reduce risks of the clients and the company for the mentioned above instruments. 

During this period the following changes will be applied: 
- Marginal requirements for JPY instruments will be increased 5 times from the current level;
- For XAUUSD, XAGUSD marginal requirements will increase 2 times from the current level;
- MC/SO levels will be set at 100/70 for all account types.

Pay attention that upcoming changes may lead to a notable margin increase for all opened and new positions in JPY instruments and metals. 
We recommend you to timely optimize your opened positions and its volume. 

All trading terms will get back to normal on October 23rd, 2017, not later than 18:00 (server time).


Sincere regards,
FXCL Team