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July 25, 2018

TeleTrade, Margin Requirement increased on some Stocks and ETF CFDs

Please note the change of trading conditions due to ESMA’s new regulation.

TeleTrade - What's now?

We are no longer promoting TeleTrade. The information regarding to TeleTrade on the website 'Hercules.Finance' maybe outdated. ref. TeleTrade

TeleTrade has announced the changes of margin requirement on CFDs of Stocks and ETFs, as the ESMA’s new regulation comes in effect.

The margin requirement of the specified products (please refer to the table below), will be increased to 20%, which equals to the leverage 1:5.

The change will be made on July 30th, 2018.

Please refer to the table below for the list of affected financial instruments.

CFD on ETF SPY, XES, XHB, XLB, XLI, XLK, XLP, XLU and XOP
CFD on stocks ADBE, AXP, BHP, BIDU, BLK, BP, BRKb, CME, DWDP, FDX, GILD, HD, HMC, HON, HSBC, MA, MCO, MS, PM, PYPL, SNE, TOT, TRV, TSM, UNH, UTX, VOD, WFC and XRX

For more information or inquiries regarding to the changes above, please contact TeleTrade’s support from the official website.

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