Dukascopy Bank Announced Adjustment on CFD Margin Requirements Ahead of US Election
Dukascopy Bank, Geneva, Switzerland based Retail FX and CFDs broker, updated on its website that it will leverage cuts (i.e., margin requirement increases) for certain instruments ahead of US presidential elections next week. The adjustment mainly targets on Index CFDs and Bullion instruments.
US presidential elections next week are likely to cause increased market volatility, so the broker reminds investors to keep in mind reduced liquidity and possible price market gaps during election week for stock markets and Bullion could react particularly sensitive to any result.
The adjustment is made as follows: 1:30 leverage will be applied to all Index CFD's, XAU/USD and XAG/USD from market opening on Sunday 1 / Monday 2 November until further notice.
Subscribe Now

