Jun 15, 2016, 2:46:56 PM
Change of Margin Requirements from 20th to 27th June, 2016
Margin requirements to change due to a UK referendum on membership of the EU on June 23.
The Tifia Company is forced to undertake the following measures in the period from 00:00:00, 20th June to 12:00:00 27th June 2016 (the hours correspond to the trading server time, GMT +3):
Increase margin requirement fivefold for All GBP Crosses, All EUR Crosses, commodities, major indices;
Suspend the opening of new positions and keep a "close only" mode for the following instruments: EURNOK, EURCZK, EURSEK, EURDKK, EURZAR, EURHUF, EURPLN, GBPTRY, GBPZAR, GBPSEK, and GBPNOK
Tifia warns you of eventual sharp price movements, limited liquidity, price gaps, increased spreads in the period from 20th to 27th June, 2016.
We kindly ask you to consider this information when making trading decisions and assess eventual trading risks that may arise in response to the referendum.