Archive for June, 2016
Margin Requirements for EUR/USD, GBP/USD and USD/JPY Have Been Reverted to Normal
FXOptimax has reverted the margin requirements for EUR/USD, GBP/USD and USD/JPY to normal.
Several pairs still have adjusted margin requirements. Please see the following details:
| Pair | Margin Requirement Adjustment (of normal) |
| EUR/JPY | 3x |
| GBP/JPY | 3x |
| EUR/GBP | 12x |
| EUR/AUD | 8x |
| EUR/CAD | 8x |
| EUR/NZD | 8x |
| GBP/AUD | 12x |
| GBP/CAD | 12x |
| GBP/NZD | 12x |
| NZD/JPY | 10x |
| CAD/JPY | 10x |
| AUD/JPY | 10x |
| EUR/SEK | Disabled |
| EUR/PLN | Disabled |
Brexit Margin Requirement Adjustment Summary for June 27th 2016
FXOptimax has adjusted the margin requirements for several pairs on June 27th 2016. Please see the following details:
| Pair | Margin Requirement Adjustment (of normal) |
| EUR/USD | 2x |
| GBP/USD | 3x |
| EUR/JPY | 3x |
| GBP/JPY | 3x |
| USD/JPY | 3x |
| EUR/GBP | 12x |
| EUR/AUD | 8x |
| EUR/CAD | 8x |
| EUR/NZD | 8x |
| GBP/AUD | 12x |
| GBP/CAD | 12x |
| GBP/NZD | 12x |
| NZD/JPY | 10x |
| CAD/JPY | 10x |
| AUD/JPY | 10x |
| EUR/SEK | Disabled |
| EUR/PLN | Disabled |
Brexit Margin Requirement Adjustment Summary for June 22nd 2016
FXOptimax has adjusted the margin requirements for several pairs on June 22nd 2016. Please see the following details:
| Pair | Margin Requirement Adjustment (of normal) |
| EUR/USD | 2x |
| GBP/USD | 8x |
| EUR/JPY | 3x |
| GBP/JPY | 8x |
| USD/JPY | 3x |
| EUR/GBP | 12x |
| EUR/AUD | 8x |
| EUR/CAD | 8x |
| EUR/NZD | 8x |
| GBP/AUD | 12x |
| GBP/CAD | 12x |
| GBP/NZD | 12x |
| EUR/SEK | Disabled |
| EUR/PLN | Disabled |
Brexit Margin Requirement Adjustment Summary for June 20th 2016
FXOptimax has adjusted the margin requirements for several pairs on June 20th 2016. Please see the following details:
| Pair | Margin Requirement Adjustment (of normal) |
| EUR/USD | 2x |
| GBP/USD | 2x |
| EUR/JPY | 3x |
| GBP/JPY | 3x |
| EUR/GBP | 12x |
| EUR/AUD | 8x |
| EUR/CAD | 8x |
| EUR/NZD | 8x |
| GBP/AUD | 12x |
| GBP/CAD | 12x |
| GBP/NZD | 12x |
| EUR/SEK | Disabled |
| EUR/PLN | Disabled |
Margin Requirement Adjustment Summary for June 16th 2016
FXOptimax has adjusted the margin requirements for several pairs on June 16th 2016. Please see the following details:
| Pair | Margin Requirement Adjustment (of normal) |
| GBP/USD | 2x |
| GBP/JPY | 3x |
| EUR/GBP | 2x |
| EUR/JPY | 3x |
| EUR/USD | 2x |
Brexit Margin Requirement Adjustments Starting From June 15th 2016
FXOptimax will gradually increase the margin requirements for all account types and all trading pairs, starting from Wednesday, June 15th 2016. Please learn the schedule below and adjust your trading strategies carefully following these changes.
- Wednesday, June 15th 2016 : Margin requirements will be twice as normal.
- Thursday, June 16th 2016 : Margin requirements will be 5 times as normal.
- Friday, June 17th 2016 : Margin requirements will be 10 times as normal.
- Monday, June 20th 2016 : Margin requirements will be 20 times as normal.
- Tuesday, June 21st 2016 : Margin requirements will be 40 times as normal.
The margin requirements will be reverted to normal when market reopens on Monday, June 27th 2016, but it will depend to the market reaction. Should the volatility remains, we will act accordingly and announce any future changes in our website.
Please carefully manage your trades during the next 2 weeks as high volatility is expected and please monitor the news update on FXOptimax website and personal area for any adjustment in trading conditions.
Please feel free to contact our livechat support or email us at admin@fxoptimax.com if you need further information regarding Brexit adjustments.
Brexit Trading Adjustments Notification
UK’s EU Referendum, or commonly known as Brexit, will be held on June 23rd, 2016. Volatile market is expected as investors and traders are growing uncertain regarding the poll result.
FXOptimax will take any necessary adjustment on trading conditions to minimize the risk such as widening the spread or increasing the margin requirements. The measurement may be implemented from June 14th to 25th and FXOptimax will announce each adjustment through our website.
Please feel free to contact us at admin@fxoptimax.com if you have further concern for this issue.