EBL adjusts margin requirement ratio crossing over weekend or long holiday
Due to the market has turned volatile recently, our company is tightening the risk management and adjusting the required maintenance margin level to 100% for the open contracts crossing over the weekend or long public holiday starting from August 20, 2021 (Friday). If the account maintenance margin level drops below 100%, our company will liquidate the open contracts until the margin level is back to 100%.
Please pay attention to the fund level of your account and make necessary fund allocation in advance.
Example:
Account new balance USD3,000, opening 1 lot LLG margin requirement is USD1,500
At the close of weekend, there comes a floating loss of USD2,000
Equity =3,000-2,000=1,000
Margin level=1,000/1,500x100% = 67%
Because of Equity/Margin requirement ratio drops below 100%, the open contracts will be liquidated using the closing price.
For any inquiries, please contact our Customer Service team at +852 8206 2500.
Regards,
Emperor Bullion Limited
