Effective April 9, 2016, the maintenance margin requirement will change for China 300 (CNH300) and South Africa 40 (ZA40) for corporate (institutional) accounts.
- The new margin requirement for China 300 is 5%, compared with previous 10%.
- The new margin requirement for South Africa 40 is 1.5%, compared with previously required 0.75%.
The Japanese online trading services provider attributed the pending changes to dynamics of market environment and warned traders to pay attention to the level of margin regarding the positions in the above-mentioned instruments.
For the full announcement from IG, click here.