Company news / FXOpen Warns of High Volatility and Increased Margin Caused by Brexit

FXOpen Warns of High Volatility and Increased Margin Caused by Brexit

The FXOpen Team

Starting from the market opening on June 20th and throughout the whole week FXOpen customers may experience changes in trading conditions such as high volatility, increased margin, low liquidity and wider spreads. The changes will affect all financial instruments involving GBP and EUR, including indices. Margin requirements for all GBP and EUR based instruments may be increased up to 5 times their normal level without further notice.

Possible increased margin is a temporary measure caused by the EU referendum and its influence on the financial markets. Starting with the market opening on June 27th margin requirements will return to their normal values

We urge traders to take into account, that abnormally low liquidity and wide spreads can increase the risks of slippage and consider these circumstances when planning their trading activities for the following week.

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FXOpen Customer Service
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