Dear clients and partners,
We are writing to inform you that beginning February 16, 2015 changes will be made to the margin requirements on a number of financial instruments for all account types.
The changes are as follows:
A fixed margin of 1% of the volume of the transaction has been established for currency pairs that include SEK (Swedish krona), NOK (Norwegian krone), DKK (Danish krone), PLN (zloty), SGD (Singapore dollar), HUF (forint), CZK (Czech koruna), TRY (new Turkish lira), and ILS (new Israeli shekel);
For instruments with MXN (Mexican peso), the margin is 2% of the transaction volume;
For pairs that include ZAR (South African rand), margin requirements will be set at 0.5% of the transaction volume.
As a result of the stabilization of the market situation, we are also lowering margin requirements for pairs that include CHF – from 2.5% to 0.5% of the transaction volume.
If a currency pair includes two of the currencies mentioned above, then its margin requirement will be determined using the larger of the specified values (e.g. for transactions involving DKKZAR, the margin will be 1% of the transaction volume).
We recommend that all clients trading these financial instruments take this information into consideration in their trading strategies.
You can learn more about margin requirements on all financial instruments available at EXNESS in the Contract Specifications section of the website.Publication source