Please note that due to the UK parliament voting on the EU Withdrawal Bill on 15th January 2019, market conditions could be extremely volatile prior to and after the event. There is a risk of wide spreads, price gaps and thin liquidity.
We conducted a review of our risk management policies with the intention of providing a more secure trading environment for our clients. GCMAsia will be applying margin changes as below:
· GBP/USD and all GBP pairs margin will change to 2% on the Jan 14th at 18:00 GMT
· UK100 margin will change to 4% on Jan 14th at 19:00 GMT
While we intend to return to normal margin requirements shortly after the vote, we will monitor events closely and may widen the spreads or increase margin requirement even further. We will update in real time with any changes.
We strongly suggest that all the clients keep an eye on the open positions, and keep enough margin funds to cope with the upcoming situation.
If you have any questions, please contact your account manager or reach us through ways belows. We will try our best to assist you in your trading.
MY roll-free number: 1-800-813-015