Changes made to the rules for providing leverage
The procedure for changing margin requirements on weekends has been updated
Dear Client,
Exness Group has optimized the procedure for changing margin requirements on weekends and holidays.
The period of increased margin requirements has been reduced.
Previously, margin requirements were increased 5 hours before the closing of the market, but now the margin on trading orders based on leverage of 1:200 is calculated 3 hours before (starting from 19:00 GMT +0 on Friday). The period of increased margin requirements ends at 23:00 GMT +0 on Sunday.
The change in the amount of margin imposed no longer affects trading orders opened before 19:00 GMT +0 on Friday.
Thus, the margin will be calculated, based on leverage of 1:200, only for positions opened during the period from 19:00 GMT +0 on Friday to 23:00 GMT +0 on Sunday.
Please note that, with these changes, closing a trading order that hedges positions during the period of increased margin requirements will be treated as opening a new transaction. It will result in the withholding and proportional allocation of additional margin across the offsetting transactions that were opened in the same financial instrument as the closed order.
Additional margin will be withheld in an amount equal to the portion of the closed order that was involved in the hedging; the margin is calculated in accordance with the increased margin requirements.
If you have additional questions about these changes, Exness client support is ready to answer them round-the-clock