Company news

Temporary (24-31.10.2016) change of margin for some stock CFDs

Dear clients,

Due to expected corporate events in several US companies in period of October 24-31, 2016 the minimum margin level will be raised from 2.5% to 20% (i.e. the maximum leverage is lowered from 1:40 to 1:5) for CFD on these stocks.

For this reason we recommend that you reduce the volume of previously opened and future positions to the acceptable for for your deposit or deposit additional funds to your account.

In the table below in "Margin change date" and "Period of event ending date" the period of increased margin is stipulated. Moreover, the event may take place before the Period of event ending date, so margin may be reduced to 2.5% before the stipulated date.
Stock CFDs Margin change date Period of event ending date
#S-AAPL 24.10.16 25.10.16
#S-CAT 24.10.16 25.10.16
#S-DD 24.10.16 25.10.16
#S-GM 24.10.16 25.10.16
#S-LLY 24.10.16 25.10.16
#S-MMM 24.10.16 25.10.16
#S-MRK 24.10.16 25.10.16
#S-PG 24.10.16 25.10.16
#S-UTX 24.10.16 25.10.16
#S-T 25.10.16 25.10.16
#S-WFT 25.10.16 26.10.16
#S-BA 25.10.16 26.10.16
#S-KO 25.10.16 26.10.16
#S-GG 26.10.16 26.10.16
#S-NOK 26.10.16 27.10.16
#S-CX 26.10.16 27.10.16
#S-GOOG 26.10.16 27.10.16
#S-F 26.10.16 27.10.16
#S-MO 26.10.16 27.10.16
#S-COP 26.10.16 27.10.16
#S-DOW 26.10.16 27.10.16
#S-GT 26.10.16 31.10.16
#S-AMZN 27.10.16 27.10.16
#S-TOT 27.10.16 28.10.16
#S-XRX 27.10.16 28.10.16
#S-CVX 27.10.16 28.10.16
#S-MA 27.10.16 28.10.16
#S-XOM 27.10.16 28.10.16
#S-BP 31.10.16 01.11.16
#S-PFE 31.10.16 01.11.16
#S-OXY 31.10.16 01.11.16

Monday, 24 Oct, 2016 / 1:36

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : http://www.ifcmarkets.com/en/company-news/margin-changes-24-31-10-2016

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