Ahead of the US Election on Tuesday 8 November 2016, Capital Index anticipates that volatility in the markets will increase. The firm is therefore changing its margin requirements in order to protect clients against negative balances in the event of gapping markets.
At 2pm (GMT) on Thursday 3 November 2016, Capital Index’s margin rates will be raised. An additional increase will be applied at 2pm (GMT) on Monday 7 November 2016. These changes can be viewed on the Capital Index website here: http://www.capitalindex.com/us-election-margin-changes/
Capital Index’s Associate Director, Trevor Barwell, comments:
“These margin rates will remain in place until further notice, however, we will be monitoring market events and ensuing volatility closely and if required, we will make further changes. Capital Index will reduce margin requirements back to normal levels when the markets have stabilised.”
Trevor Barwell continues:
“We advise our clients, that if they have open positions during this period, to be aware that margin requirements to maintain their open positions will rise. We recommend that clients monitor their positions carefully and maintain a sufficient account surplus throughout this period, particularly over weekends and before major announcements.”
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For more information, please contact:
Trevor Barwell (Associate Director), Capital Index (UK) Limited
Tel: +44 (0) 207 060 5120
Fax: +44 (0) 203 096 2798
About Capital Index
Founded in 2014, Capital Index is a global online brokerage specialising in CFDs, Financial Spread Betting and Spread Trading on a range of financial instruments including Foreign Exchange (FX), Commodities, Indices and Metals. With operations in the UK, South Africa and Cyprus the company is staffed by experienced traders and professionals with distinguished reputations in the financial market, offering in-depth knowledge, strong client focus and total commitment to ethical standards. They are supported by an advanced technical infrastructure that provides an outstandingly efficient, rapid online trading environment.
Capital Index (UK) Ltd is authorised and regulated in the UK by the Financial Conduct Authority (register number 709693). Capital Index (Cyprus) Limited is regulated and supervised by the Cyprus Securities and Exchange Commission with CIF Licence number 249/14. Capital Index (UK) Ltd is a juristic representative of Khwezi Financial Services under FSB license number 44816. The registered office of Capital Index (UK) Ltd is 480 Salisbury House, London Wall, London EC2M 5QQ.
Risk warning: Dealing in margined products such as spread betting, spread trading and CFDs involves a high level of risk and you can rapidly lose more than your original investment. Please ensure you fully understand the risks involved and seek professional financial advice if necessary.