British Referendum Trading Notification

13 June, 2016

Dear Client,

We would like to inform you that on Thursday, the 23th of June 2016, a referendum will take place in the UK to determine whether the British population wishes to maintain their European Union membership.

This is a major political event that is expected to impact the financial markets and may result in high volatility, price gaps/spikes, lack of liquidity, widened spreads or other movements in the markets.

As an initial measure, HotForex is taking some preventative steps to protect the best interests of its clients and the Company and to ensure a continuous safe trading environment for all parties.

In light of the above, please be informed that on, Friday the 17th of June at market close, the margin requirements for all GBP pairs will be increased to 4% (1:25). In addition all remaining forex pairs and gold margins will be increased to 2% (1:50). This will be applied to existent and new orders and to all accounts no matter their current leverage.

As a result of the above mentioned adjustments we kindly request that you please evaluate your current postions and calculate whether further funding will be necessary to maintain your open positions. We strongly advise you to perform the necessary funding actions well in advance, in order to ensure your account will be well-funded before the referendum takes place.

You may calculate the amount of funds needed to maintain your current positions by using ourВ Position Size CalculatorВ here.

Furthermore be informed that HotForex will continuously monitor the reactions of the market as this event approaches and highlight that further restrictions to our standard market conditions might apply.

Please familiarize yourself with the risks associated with this event and perform due diligence risk management when trading under such unprecedented market conditions.

If you have any queries please contact our customer support atВ support@hotforex.com.

Kind Regards, В 

The HotForex Execution Team


Source link  
Notification for Important Changes

This communication is to inform you of certain regulatory changes HF Markets (Europe) Ltd has applied as a result of the recent regulatory announcements by Cyprus Securities and Exchange Commission and the European Securities and Markets Authority (ESMA)...

Christmas and New Year Holiday Schedule 2016

HotForex would like to inform you of the Trading Schedule for the festive period 2016 (link below). Many of the Banks and Liquidity Providers take time out during the period and as such low liquidity and wider spreads may be observed...

US Presidential Elections 2016

As we approach the US Presidential Elections held on November 8th 2016, we expect to see a significant increase in market volatility across all financial instruments...


US Oil Contract Expiration: October 19th 2016

In accordance with CFD contract specifications and guidelines, we are notifying you that your open position on US Oil contracts will be expiring on Wednesday...

Palladium Contract Expiration: September 28th 2016

In accordance with CFD contract specifications and guidelines, we are notifying you that your open position(s) on Copper contracts will be expiring on Wednesday (September 28th 2016) at 21:00 GMT...

Copper Contract Expiration: September 28th 2016

In accordance with CFD contract specifications and guidelines, we are notifying you that your open position(s) on Copper contracts will be expiring on Wednesday (September 28th 2016) at 21:00 GMT...


Maintenance works

Due to scheduled maintenance, both myHotForex and our account opening function will be unavailable between 09:00 and 17:00 GMT+3 on Saturday, 24th September, 2016...

US Labor Holiday 2016

HotForex would like to inform you that on 5th of September certain instruments will be closed for trading due to the US Labor Day...

Goldman Sachs Shares CFD Ex-Dividend

Please note for the 29th August 2016, Goldman Sachs shares CFD SWAP charges applied on all open positions will be adjusted as follows...

  


Share: