Archive for May, 2017
FXOptimax Has Normalized The Margin Requirements Post French Election
FXOptimax has normalized the margin requirements for all affected pairs post the Frech presidential election.
[UPDATE] Margin Requirement Adjustments Prior To French Presidential Election
Anticipating the French Presidential Election over the weekend, FXOptimax has raised the margin requirement for several EUR and GBP pairs as explained in the following table. These adjustments are just temporary until further notice.
Pair | Margin Requirement Adjustment |
EUR/USD | 500% |
EUR/JPY | 500% |
EUR/GBP | 500% |
EUR/AUD | 1000% |
EUR/CAD | 1000% |
EUR/NZD | 1000% |
GBP/USD | 500% |
GBP/JPY | 500% |
GBP/AUD | 800% |
GBP/CAD | 800% |
GBP/NZD | 800% |
Please plan your trades carefully following these adjustments.
[UPDATE] EUR & GBP Margin Requirements Adjustment Prior To French Presidential Election
FXOptimax has raised the margin requirements for EUR and GBP pairs to 300% to anticipate the French Presidential Election over the weekend.
We recommend all traders to watch the exposure for both currencies and plan your trade carefully. Please stay tune for further updates.
[UPDATE] Trading Conditions Adjustment Towards French Presidential Election
FXOptimax may increase the margin requirements up to 10 times, anticipating the French Presidential Election on May 7th, 2017. We will closely monitor the situation and the adjustment may take place on May 5th, 2017 starting from 13:30 GMT (server time).
EUR and GBP pairs will certainly be affected by this adjustment. FXOptimax will make further announcement if there is any further adjustment.
Please plan and monitor your trades carefully prior to this adjustment.
Trading Conditions Adjustment Towards French Presidential Election
FXOptimax will adjust its trading conditions towards French Presidential Election on May 7th, 2017. The adjustment may affect your leverage or margin requirement and will be applied 1 hour after the US Non Farm Payrolls at May 5th, 2017.
Please stay in touch as we will announce the adjustment details later today and monitor your trade carefully prior to this notice.