In relation of the upcoming presidential elections in France, a high volatility, sharp short-term movements and gaps are possible, as well as extended spreads in the Euro currency pairs, European indexes and French shares by the major world investment banks and market makers.
Therefore on April 21, 2017 (Friday) after 6:30pm, "Varchev Finance" will increase the margin requirements as follows:
Meta Trader 4:
- CAC, DAX - change from 2% to 3%
- All French stocks - change from 10% to 20%
Varchev Absolute Trader:
- DE.30, EU.50, FRA.40, ITA.40 - change from 1.5% to 3%
- SPA.35, SUI20, W.20 - change from 2% to 3%
- All French stocks - change from 10% to 20%
The amendment will come into effect after the closing of the European markets on Friday, April 21, 2017 at 6:30 pm.
Margin requirements will be returned to their previous levels as soon as they are normalized by the liquidity providers.
Read more:
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World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
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Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.