Trading Notice
Trading Notice
Adjustment on Margin requirements and stop loss Equity to Margin ratio
Publish in2015-12-03Dear Valued Clients and IBs,
Due to volatile market condition, the company will adjust the margin requirements and stop loss Equity to Margin ratios with effective on 6th Dec, 2015, as follows,
Product | Initial Margin per contract | Margin for lock position per pair | Stop loss equity to margin ratio |
Spot Gold | Current: USD1,500 New: USD1,000 | Current: USD1,500 New: USD500 | Current: 20% New: 30% |
Spot Silver | Current: USD3,000 New: USD2,000 | Current: USD3,000 New: USD1,000 | Current: 20% New: 30% |
RMB Kilobar Gold | Current: RMB5,000 New: RMB4,000 | Current: RMB5,000 New: RMB2,000 | Current: 20% New: 30% |
Please pay attention to open positions and avoid any impacts due to the above adjustments.
Yours faithfully,
First Asia Merchants Bullions Limited