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Margin Adjustment for GBP pairs during Parliament Brexit Vote

Dear Traders, 

Parliament Brexit Vote will be held on December 11, 2018. Significant volatility on all GBP pairs expected during this event, slippage and market gaps are more likely to occur. 

Thus, FirewoodFX is going to increase the margin requirement for all GBP pairs up to 10 times normal. Changes will be announced in Company News before implemented. 

Having open positions and pending orders (Stop/Limit Orders,SL/TP) during this event are discouraged.

 


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