{"id":17396,"date":"2016-06-27T20:32:56","date_gmt":"2016-06-27T15:02:56","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=17396"},"modified":"2019-09-10T17:52:59","modified_gmt":"2019-09-10T07:52:59","slug":"leverage-increase-eur-and-gbp-pairs","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/leverage-increase-eur-and-gbp-pairs\/","title":{"rendered":"Leverage Increase: EUR and GBP Pairs"},"content":{"rendered":"<table class=\"row\" style=\"color: #777777; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; border-collapse: collapse; border-spacing: 0px; max-width: 100%;\" border=\"0\" width=\"600\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\" bgcolor=\"#ffffff\">\n<tbody>\n<tr>\n<td style=\"border-collapse: collapse; padding-left: 30px; padding-right: 30px; padding-bottom: 32px; line-height: 15pt;\">\n<span style=\"color: #000000;\"><b>Dear Trader,<\/b>\u00a0<\/span><b><span style=\"color: #2e8b57;\">The United Kingdom&#8217;s<\/span><\/b>\u00a0decision to\u00a0<b><span style=\"color: #2e8b57;\">leave the European Union<\/span><\/b>\u00a0took many in the industry by surprise and resulted in extreme volatility in currency markets.<\/p>\n<p>Our superior technology enabled us to maintain pricing and execution quality in all of our trading products throughout the period.<\/p>\n<p>We are committed to our clients and continue to focus on providing the best possible\u00a0customer service and trading experience<\/p>\n<p>As a result of client requests and the immediate risks from\u00a0<b><span style=\"color: #2e8b57;\">Brexit<\/span><\/b>\u00a0subsiding. We have decided to increase the maximum leverage on\u00a0<b><span style=\"color: #2e8b57;\">GBP<\/span><\/b>\u00a0and\u00a0<b><span style=\"color: #2e8b57;\">EUR<\/span><\/b>\u00a0instruments as specified below.<\/p>\n<ul>\n<li>GBP pairs and UK100\u00a0<b><span style=\"color: #2e8b57;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1:100 \u00a0<\/span><\/b><\/li>\n<li>EUR pairs and European Indices<b><span style=\"color: #2e8b57;\">\u00a0 1:200<b><span style=\"color: #2e8b57;\">\u200b<b><span style=\"color: #2e8b57;\"><b><span style=\"color: #2e8b57;\">\u200b<\/span><\/b><\/span><\/b><\/span><\/b><\/span><\/b><\/li>\n<\/ul>\n<p>The leverage change will take place at market close on the\u00a0<b><span style=\"color: #2e8b57;\">27th of June<\/span><\/b>\u00a0(23:59 platform time).<\/p>\n<p>However, Clients are still advised to continue trading cautiously as uncertainty remains high in Global markets. We will continue to assess the market conditions over the remainder of the week and expect margins to return to their pre-Brexit levels by market close on Friday the 1st of July.<\/p>\n<p>Whilst we have increased leverage we request you to consider the steps below to mitigate the risks from the high levels of market volatility we are currently experiencing.<\/p>\n<p><b><span style=\"color: #2e8b57;\">Extreme volatility\u00a0<\/span><\/b>\u2013 Expect abnormally high levels of volatility in GBP, EUR, CHF pairs and on UK and European indices.<\/p>\n<p><b><span style=\"color: #2e8b57;\">Increase capitalisation<\/span><\/b>\u00a0\u2013 Ensure that you have enough margin in your account at all times to withstand abnormally high volatility.<\/p>\n<p><b><span style=\"color: #2e8b57;\">Hedged accounts\u00a0<\/span><\/b>\u2013 Traders who have hedged positions (long and short the same product) should be wary that wide spreads may result in a margin call and or stop out<\/p>\n<p>We thank you for your understanding and continued support. We are here to help you should you have any questions or require any assistance. Please feel free to contact one of our support team members via\u00a0<a style=\"color: #2e8b57;\" href=\"https:\/\/secure.livechatinc.com\/licence\/1605601\/open_chat.cgi?groups=0\" target=\"blank\"><span style=\"color: #39b01e;\">Live Chat<\/span><\/a>, email:\u00a0<a style=\"color: #2e8b57;\" href=\"mailto:support@icmarkets.com\"><span style=\"color: #39b01e;\">support@icmarkets.com<\/span><\/a>, or phone +61 (0)2 8014 4280.<\/p>\n<p>Kind regards,<br \/>\nIC Markets<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Dear Trader,\u00a0The United Kingdom&#8217;s\u00a0decision to\u00a0leave the European Union\u00a0took many in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13897,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[197],"tags":[],"class_list":["post-17396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-schedule"],"_links":{"self":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/17396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/comments?post=17396"}],"version-history":[{"count":11,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/17396\/revisions"}],"predecessor-version":[{"id":36439,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/17396\/revisions\/36439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media\/13897"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media?parent=17396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=17396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=17396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}