High Volatility: MT4 Margin Increased due to Italian Referendum this Friday

November 28, 2016

EUR Pairs Trading Margin Requirements changes ahead of Italian Referendum.

High Volatility: MT4 Margin Increased due to Italian Referendum this Friday

This article is originally referred from Traders Trust News

Please be informed that effective Friday 02/12/2016 15:00 GMT on our MT4 platform the margin requirement on EUR pairs (apart from the EUR Exotic pairs) will become 1%, ahead of the upcoming Italian Referendum that will take place on Sunday 04/12/2016.

This change will affect the following pairs:

EURAUD, EURCAD, EURCHF, EURJPY, and EURUSD.

Please see the new margins (in effect from Friday 02/12/2016 15:00 GMT until Monday 05/12/2016 08:00 GMT) in the table below:

Instrument MT4 Name Date Margin Requirement
EURAUD 02/12/2016 15:00 GMT05/12/2016 08:00 GMT 1%
EURCAD 02/12/2016 15:00 GMT05/12/2016 08:00 GMT 1%
EURCHF 02/12/2016 15:00 GMT05/12/2016 08:00 GMT 1%
EURJPY 02/12/2016 15:00 GMT05/12/2016 08:00 GMT 1%
EURUSD 02/12/2016 15:00 GMT05/12/2016 08:00 GMT 1%

Please note that the Margin requirements will return to normal on Monday 05/12/2016 08:00 GMT.

We wanted to make you aware of these changes so you can prepare extra funding for your account should this be necessary.

In preparation of these changes, you may need to close open positions and/or add funds to your trading account.

It is YOUR responsibility to make sure that you have enough margin for your open positions in order to avoid Margin Call and/or Stop out.

Should you have any questions or require assistance please contact TTCM support via live chat on our website.

Original Source: Traders Trust News

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