City Index Changed Margin Requirements Surrounding US Election

City Index, a Global Leader in FX & CFD trading, as well as Spread Betting, have temporarily increased margin requirements due to increased market volatility around the US Election.
The markets involve Global equities, France 40, Italy 30, Spain 35, Switzerland 20 and Netherlands 25, and the changes are as follows:
Base margin for Global equities is increased from 3% to 10%
Base margin for France 40 is increased from 0.25% to 3%
Base margin for Italy 30, Spain 35, Switzerland 20 and Netherlands 25 is increased from 1% to 3%
The UK online broker reminds its clients that they need increased margin to maintain existing positions and open new positions and gives an advise to them to keep account well margined over the coming days.
About City Index
As a Global Leader in FX & CFD trading, as well as Spread Betting (UK only), City Index provides competitive spreads and access to thousands of markets worldwide through a combination of innovative trading technology and excellent customer service.
City Index is a subsidiary of GAIN Capital Holdings, Inc. (NYSE: GCAP), a global leader in online trading. As a global, publicly traded company, GAIN must meet the highest standards of corporate governance, financial reporting and disclosure.
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