BREXIT and Increased Margin

15.06.16
Increased Margin on account of BREXIT and expected Market Volatility

United Kingdom' EU referendum on 23 June 2016 may create unpredictable market moves and heightened chance of market 'gappings' resulting in low liquidity and increased levels of risk. Traders are requested to stay up to date and closely monitor their account and manage market risk around the referendum. Please ensure there are sufficient funds to cover the increased margin requirements.

Increased Margins

Effective 19 June 2016 until further notice, margin on all GBP, EUR related currency pairs and Index will be raised to 3% as a minimum.

PFD Management


Disclaimer

Investing in derivatives can be risky and these products are not suitable for all investors and traders. Any general advice in this electronic communication does not take into account your personal objectives, financial situation and needs. Please seek advice from a financial adviser and read Product Disclosure Statement before making a decision in relation to any investment.

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Pacific Financial Derivatives Ltd.

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PO Box 105108, Auckland City 1143, New Zealand
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