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Dukascopy to Cut Leverage on RUB Pairs

2021-12-20 Brokersview

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As on December 24th, 15:00 GMT, Dukascopy Bank intends to modify the margin requirements and exposure limits on certain products. The firm attributes the shift in trade circumstances to "the increasing geopolitical tension between Ukraine and Russia," according to the corporation.

The leverage for USD/RUB and EUR/RUB will be reduced to 1:5 from 1:10. The 1 million maximum exposure level stays unchanged.

The leverage on BRENT.CMD/USD, LIGHT.CMD/USD, DIESEL.CMD/USD will be cut from 1:30 to 1:20. Until Monday, January 10, 2022, the maximum exposure limit for JForex customers will be halved, while exposure limitations for MT4 users will remain constant. The leverage on GAS.CMD/USD is reduced to 1:10 from 1:30, with unchanged maximum exposure limits.

Clients who have any exposure to the above-mentioned instruments should examine their exposure and adjust as appropriate. If clients require higher exposure limitations for personal reasons, the bank encourages them to contact assistance.

During the forthcoming Christmas season, Dukascopy warns its investors to be wary of low volatility, market gaps, and pricing unavailability. The firm maintains the right to alter its trading terms if it deems it essential.

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