Capital Index Changes Margin Requirements ahead of the US Election
Ahead of the US Election on Tuesday 8 November 2016, Capital Index anticipates that volatility in the markets will increase.
(firmenpresse) - Ahead of the US Election on Tuesday 8 November 2016, Capital Index anticipates that volatility in the markets will increase. The firm is therefore changing its margin requirements in order to protect clients against negative balances in the event of gapping markets.
At 2pm (GMT) on Thursday 3 November 2016, Capital Index’s margin rates will be raised. An additional increase will be applied at 2pm (GMT) on Monday 7 November 2016. These changes can be viewed on the Capital Index website here: http://www.capitalindex.com/us-election-margin-changes/
Capital Index’s Associate Director, Trevor Barwell, comments:
“These margin rates will remain in place until further notice, however, we will be monitoring market events and ensuing volatility closely and if required, we will make further changes. Capital Index will reduce margin requirements back to normal levels when the markets have stabilised.”
Trevor Barwell continues:
“We advise our clients, that if they have open positions during this period, to be aware that margin requirements to maintain their open positions will rise. We recommend that clients monitor their positions carefully and maintain a sufficient account surplus throughout this period, particularly over weekends and before major announcements.”
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Unternehmensinformation / Kurzprofil:
Datum: 31.10.2016 - 07:49 Uhr
Sprache: Deutsch
News-ID 1466845
Anzahl Zeichen: 1466
contact information:
Contact person: Leah Wood
Town:
Lincoln
Phone: 01522883640
Kategorie:
Financial Services & Insurance
Typ of Press Release: bitte
type of sending: Veröffentlichung
Date of sending: 31/10/2016
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