AUSFOREX Notice of Raising Margin Requirements Before U.S. Presidential Election

30/10/2020

The warm prompts are as follows. In view of the presidential election in the United States on November 3, 2020 (Tuesday), there is a risk of chaos and a high degree of liquidity shortage in the foreign exchange and CFDS markets, including but not limited to market liquidity reduction, expanded product spreads, abnormal prices, etc. .To protect the customers from the impact of the expected market turmoil caused by election, the fallowing measures are taken:


After the market is closed, our company will increase the margin level of all spot stock indexes and futures stock indexes by two times on the basis of the original margin (including newly opened and already held positions). The adjustment time will be on October 30, 2020 21:00 (October 31, 2020, 05:00, Beijing time), specific products include: AUS200, FCHI, GDAXI, J225, NDX, SPX, WS30, UK100, STOXX50E, ES35, HK50, CN300, China50, IND50, please pay close attention to your account holdings and margin levels.


Margin levels for foreign exchange, precious metals (XAUUSD, XAGUSD), crude oil (XTIUSD, XBRUSD) and natural gas products above will remain unchanged. At the same time, we will take appropriate interim measures in the light of the latest news of the election, including raising margin requirements for all products at short notice. We usually give advance notice before taking such measures, but if the market is abnormal, we may take measures within a very short period of time or no further notice.


If you intend to continue to maintain open positions or open a new position during the US presidential election, please ensure that your account is adequately funded to protect against the risks of market volatility or margin increases, we shall not be liable for any loss or compensation arising from personal failure to make timely deposits.


Please note that the adjustment of margin level will start from this week after the market closes.When the market is stable,we will revert to the original margin level as soon as possible and notify by e-mail.


Risk warning: Trading foreign exchange on margin carries high potential rewards but also high potential risks that may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience and risk appetite. Past performance is not indicative of future results, which can vary due to market volatility. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Trading foreign exchange on margin carries high potential rewards but also high potential risks that may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience and risk appetite. Past performance is not indicative of future results, which can vary due to market volatility. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Any opinions, news, research, analyses, prices or other information contained on this website or linked to from this website are provided as general market commentary and do not constitute investment advice. AUSFOREX does not accept liability for any loss or damage, including any loss or profit, which may arise directly or indirectly from use of or reliance on such information.