Notification For Change Of The Necessary Margin
On Sep 4th , 2017 Monday, The necessary margin will change, Please note it ! For more details, please refer to the following content.
Opening a new position
FX: Necessary Margin = Open Price × Contract Size × 1% ;
Commodity CFD: Necessary Margin = Open Price × Contract Size × 2% ;
Securities CFD: Necessary Margin = Open Price × Point Value × 2% ;
At the time of rollover on each trading day
FX: Necessary margin for maintenance =Close Price × Contract Size × 1% ;
Necessary Margin for maintenance = Close Price × Contract Size × 2% ;
Necessary Margin for maintenance = Close Price × Point Value × 2% ;
The necessary margin for maintenance will be the necessary margin of the open position in next trading day.
If the open position is long position, the close price will use the ask price.
Hedge Position: When you hold a short position and a long position of the product, the necessary margin for maintenance will be calculated based on the turnover of the short position or that of the long position, whichever is greater.(Turnover=Open Price × Contract Size/ Point Value)
Note: The contract size and point value of the products can be refer to the specifications pages.
About auto settle please refer to the auto settle page.
All accounts are within the scope of this implementation. Existing positions and existing limit orders before implementation are all object of the implementation.
About more details and instruction of the change of necessary margin, please refer to under link
Please do not hesitate to contact us if you have any problem.