Margin Requirement increased due to German Federal Election this Sunday
FxPro Trading Conditions During the 2017 German Federal Election.
Please note that FXPro is going to increase required margin on specific financial instruments due to expected high volatility by German Federal Election.
Please find the table below for the details of change.
Affected Financial Instruments | All European Spot Indices |
---|---|
(Increased) Required Margin | 2% |
Period | Friday, September 22, 2017, at 15:00 (GMT+3) |
Affected Positions | Both Existing and New Positions |
The German Federal Election of 2017, will be held on Sunday 24th September, and we expect that the event will cause significant high volatility in the financial markets.
Due to such an event, you may expect:
- Wider spreads
- Abnormal price movements
- Re-quotes
- Higher slippage amount
We strongly advise you to monitor any open positions that you may have and visit the FxPro Official Website frequently for any important updates.
Before and after the events, FXPro might change the trading conditions without a prior notice and the changes may include:
- Allow fixed spreads to float to reflect underlying market conditions.
- Refuse the opening of new positions(Enabling “Close Only” functionality).
The above conditions may apply, in case of extreme volatility and illiquidity.
For more information or inquiries, please contact FXPro support team directly.