Most market watchers expect the US elections today to create some market volatility.
To keep you and GCMAsia secure, we anticipate making these kinds of changes should market volatility from the US elections becomes severe:
Leverage rates
It is likely that some leverage rates will be lowered to reduce the risk exposure as the markets react to the election results.
Margin rates
To protect you from negative equity and reduce risk, we expect to increase the margin requirements with some instruments temporarily.
Close-only option
In some extreme conditions, certain instruments may need to be moved to “close-only” status meaning, you can close your existing open positions at any time but you cannot open new positions in the closed-only instrument. This is a temporary measure and regular trading of this CFD will return as soon as possible.
Updates
We will make every effort to keep you up-to-date with in-app notifications in the GCMAsia trading platform when we make margin or other changes.
Should you have any questions regarding this notice, please contact your account manager or send emails to [email protected]
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