Although not affected by the insolvency of Alpari UK this week which resulted in Alpari UK’s British and Japanese entities going into formal administration, Alpari RU is taking steps to ensure prudent risk management, having today announced a possible change to its margin requirements.
On 22nd January, 2015 in connection with the European Central bank meeting, margin requirements for Alpari RU standard.mt4, ecn.mt4, pro.mt4 and pamm.mt4 accounts can be increased by up to 5 times on the following instruments:
EURUSD, EURCAD, EURDKK, EURGBP, EURAUD, EURJPY, EURNOK, EURNZD, EURSEK, EURSGD, USDNOK, USDSEK, USDDKK, GBPNOK, GBPSEK, EURTRY, EURPLN, EURILS, EURZAR, EURHKD, XAUEUR, XAGEUR.
The company recommends that traders amend the sizes of their open positions and reconfigure their mechanical trading systems where necessary.
In case of low liquidity in the market, Alpari RU has confirmed that these instruments may be transferred to “Close Only” mode.
Additionally, Alpari RU has this week abolished the minimum deposit requirement across its entire spectrum of accounts.