Change in margin requirements on 3 July, 2015
Exness has issued a press release to inform that, due to the uncertain economic situation of Greece, at 17:00 GMT/UTC on Friday, 3 July 2015 (i.e. five (5) hours before the market closes) the leverage will be set to 1:100 thus increasing the margin requirement to 1%.
The company note that, the change in margin requirements will affect both new and already-open transactions in all currency pairs. This measure is intended to reduce your trading risk in case of high volatility at market opening.
In addition, within 3 hours after market opening (i.e. by 00:00 GMT/UTC on Monday, 6 July 2015) the margin requirements will be readjusted in accordance with the leverage previously used by the Client and the current balance of funds in the account.
The company urges to take all information into consideration whilst making your trading decisions.
Source: Exness – Change in margin requirements on 3 July, 2015
