In the event of economic news, market volatility, or high-frequency trading, the Liquidity Provider will adjust leverage accordingly, as below:
- The maximum leverage for client trading accounts will be set at 1:800 during periods of extreme market fluctuations, prior to significant economic announcements, and two (2) hours before market closure on weekends and public holidays. After the market reopens, leverage will be adjusted to a maximum of 1:500 for the first two (2) hours. These adjustments will apply only to new buy and sell orders placed within the specified timeframes.
- The purpose of these changes is to limit the available leverage and/or increase margin requirements in anticipation of macroeconomic events and/or news that may significantly impact the prices of financial instruments.
- For USOIL and UKOIL, the standard leverage is set at 1:500, which will be reduced to 1:50 two (2) hours before market closure and one (1) hour after market opening as well as during periods of high volatility caused by news events. However, for UKOIL, leverage will be adjusted to 1:50 30 minutes after market opening, in accordance with the company’s policy. These changes will only affect new buy and sell orders.
If you have any questions or concerns, please contact us at [email protected].
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