GBP Margin Requirement – Extended
After carefully considering the market volatility following yesterday’s UK elections, we would like to confirm that the Margin Requirement for GBP instruments will remain at 1:50 at least until 10am GMT on Monday, 16th Dec 2019.
Should this period need to be further extended, clients will be promptly notified.
This measure is being taken in view of the generally higher volatility at weekly market open, that can be further enhanced by the current developments in the UK.
We encourage traders to closely monitor margin and exposure on these instruments, in order to prevent liquidation and excessive losses.
Please contact us at support@tier1fx.bm if you need further details or assistance.