Required margin and the maximum number of open positions is changed on China300.
Due to recent high volatility in the market, KVB New Zealand Ltd (KVB) will shortly take measures to adjust the leverage level and Net Open Position Limits of the China300 index.
This adjustment will occur between June 20, 2016 (Monday) 00:00 UTC + 2 and 10 September, 2016 (Saturday) 00:00 UTC + 2.
|Products||Margin Leverage||Net Open Position Limits(Standard Lots)|
|Before Adjustment||After Adjustment||After Adjustment|
After the temporary measures are removed, on 10 September 2016 (Saturday) 00:00 UTC + 2, KVB Kunlun will make appropriate adjustments with regard to the prevailing market conditions.
These adjustments will be announced at that stage. Please keep in mind that before and after any important announcement, the markets can become extremely volatile, with highly insufficient market liquidity and the possibility of price gaps.
Additionally, the spread between the accepted order and the market price may be widened. In this type of situation, the actual execution price of Buy Stop, Sell Stop and Stop Loss Order may differ from the price you have originally set in the Forexstar system. Alternatively, the spread between the systems accepted order and the market price may be widened. The Occurrences such as these are in line with previous market experiences and are outlined in the terms and conditions of the Client Service Agreement which you have signed with KVB.
Please pay attention to the position and status of your margin accounts to take into account these volatile market conditions. If you have insufficient margin in your account, KVB Kunlun may be forced to liquidate your positions in order to prevent additional risk or loss. KVB is not obliged to give any additional notification of such an event. We strongly would advise that you be particularly vigilant when trading during this period.