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Screenshot of a breaking news alert e-mail from Q2 2017
Darwinex, a technology provider and an FCA-regulated broker and asset manager, today announces pending changes to margin requirements for XTI/USD (West Texas Intermediate crude oil vs US dollar), due to market volatility.
The company says that in line with the margin policy of its liquidity providers, it will raise the margin for XTIUSD from the current level of 2% (leverage of 1:50) to 3% (leverage of 1:33.33).
The changes will come into effect this weekend – February 13th-14th.
Darwinex notes that the new margin requirements will apply to existing and new positions. Hence, traders are asked to assess their trading positions and/or trading robots and adjust them if necessary.
The company is reviewing its margin policy and may implement further changes should current market conditions persist.
You can view the full announcement from Darwinex by clicking here.