We would like to bring your attention to the Brexit vote taking place on 11th December, which is critical for the future of the UK, the economy, and the Pound Sterling. The UK House of Commons has begun its lengthy debate on the Brexit agreement that Prime Minister Theresa May reached with the European Union.
The discussions will culminate in a vote scheduled for Tuesday, 11th December at approximately 19:00 GMT (20:00 GMT+1 server time).
The vote has significant implications for the UK economy, and also on some euro-zone countries. Very high volatility is expected in the Pound, and considerable action is also warranted in the Euro.
What the Impact?
|Instrument||New margin Requirements|
|All EUR and GBP Pairs||5%|
|All EU and UK Indices||5%|
Margin requirements will increase from 19.00 GMT+1 (Server Time) on 10/12/2018.
Please Note: In case of extreme volatility and illiquidity, The company reserves the right to refuse the opening of new positions, enabling ‘Close Only’ functionality. The Company reserves the right to make additional changes to our trading conditions in the days prior to and after the Brexit Parliament Vote.
If you have any questions, please contact our Customer Support team at firstname.lastname@example.org.