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Forex - Brokers

Changes to Trading Conditions Due to Situation Surrounding Greece 

26 Jun 2015 by OneStopBrokers
Alpari

Alpari has issued an announcement to inform public that:

Due to the possibility of a Greek default and increased volatility on currency pairs which involve the euro, we would like to inform you that from 29th June, 2015, temporary limits may be set across a range of trading conditions:

  • The size of opened positions;
  • The total volume of open positions.

In case of low liquidity, the spread may be widened and instruments may be set to Close Only mode.

Furthermore, Alpari like to bring to your attention that from 29th June, 2015, the marginal group for EURUSD and EURJPY currency pairs will be temporarily changed to FX Special and also the marginal requirements for the FX Special group will undergo some temporary changes:

Margin Requirements for Standard and ECN Accounts

Notional Value, USD
Notional Value, EUR
Notional Value, RUR
Notional Value, GLD
Leverage Applied
Floating Margin
0–1,500,000
0–1,350,000
0–80,000,000
0–1,400,000
1:1000
0.1%
1,500,000–
10,000,000
1,350,000–
9,000,000
80,000,000–
500,000,000
1,400,000–
9,500,000
1:100
1%
Over
10,000,000
Over
9,000,000
Over
500,000,000
Over
9,500,000
1:25
4%

Margin Requirements for PRO and PAMM Accounts

Notional Value, USD
Notional Value, EUR
Notional Value, RUR
Notional Value, GLD
Leverage Applied
Floating Margin
0–1,500,000
0–1,350,000
0–80,000,000
0–1,400,000
1:500
0.2%
1,500,000–
10,000,000
1,350,000–
9,000,000
80,000,000–
500,000,000
1,400,000–
9,500,000
1:100
1%
Over
10,000,000
Over
9,000,000
Over
500,000,000
Over
9,500,000
1:25
4%

The company advise to make timely changes to the size of open positions and reconfigure Expert Advisors where necessary.

Source: Alpari – Changes to Trading Conditions Due to Situation Surrounding Greece

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