Special Arrangement for the U.S. Presidential Election

Special Arrangement for the U.S. Presidential Election

The U.S. presidential election will be held on November 3, 2020, and the result of the election may cause great volatility in financial markets, so from the day of the election (i.e., November 4, Beijing time) when the market reopens after the maintenance of the trading system, the Company will temporarily increase the range of trading orders until further notice. The followings are the new order settings (including stop & limit orders):

 

Products

Price away from the Market

Gold

 US$5

Sliver

 US$0.25

Crude Oil

 US$0.5

Forex

Unchanged

Indices

Unchanged

 

*The company may make corresponding adjustments based on the market situations without any prior notice.

 

Reminder:


1. The Company would adjust the product spreads according to the volatile market situation. After adjustment, the equity and margin requirement ratio will hence be affected. For those customers who hedged their positions, this might in turn causing liquidation due to the widen market spreads.

 

2. When the margin ratio of the client account reaches or falls below the forced liquidation level, the system will begin liquidation starting from the largest single loss position until the margin returns above the forced liquidation level.

 

3. During the period of the announcement, market prices may have hectic fluctuation. Customers should aware that they may not have their orders being executed at the originally requested price and shall be liable for any consequential risk. The Company does not encourage customers from over-investing during the period of news announcements to avoid unnecessary losses.

 

4. Please pay attention to your trading account and make prior arrangements of fund transmittals, if necessary, to avoid insufficient funds due to market fluctuation.

 

For any queries, please call our 24 Hours Customer Service Center. Thank you for your attention.



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