Capital Index, an online spread betting and CFD brokerage, is pleased to announce that despite the exceptional volatility seen on Friday and again overnight as a result of the referendum in the UK to leave the European Union our systems operated effectively and we were able to offer our clients an exceptional service, and the company incurred no losses.
Robert Woolfe, CEO said 'we had contingency plans in place that we activated, including a measured increase in margins before the referendum, and extra support and trading staff during the results. We kept our clients informed during this process and will continue to do so as we review our current offering with a view to reducing margin levels as the volatility begins to abate.' He added ‘we, like other participants in this market place, remember the turmoil surrounding the SNB decision last year, we were determined to ensure that we and our clients would be able to navigate the stormy waters no matter the result of the vote.’
For further information please contact:
+44 20 7060 5120
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.