10.11.2016
Reductions to Margin Requirements
After the U.S. presidential elections, margin requirements on selected currency pairs have been reduced, and will be implemented on Friday, 11 Nov 2016, 02:00 GMT.
Below is the full list of instruments and their margin requirements after this revision:
Forex (Majors) | |||
---|---|---|---|
Affected Instruments | Margin Requirements | ||
USDCHF | 2 times | ||
AUDUSD | 1 times | ||
EURUSD | 1 times | ||
GBPUSD | 1 times | ||
NZDUSD | 1 times | ||
USDCAD | 1 times | ||
USDJPY | 1 times | ||
Forex (Crosses & Exotics) | |||
Affected Instruments | Margin Requirements | Affected Instruments | Margin Requirements |
EURCHF | 2 times | NOKSEK | 1 times |
GBPCHF | 2 times | NZDCAD | 1 times |
NZDCHF | 2 times | NZDJPY | 1 times |
USDCHF | 2 times | NZDUSD | 1 times |
EURCAD | 1 times | SGDJPY | 1 times |
EURGBP | 1 times | USDCAD | 1 times |
EURJPY | 1 times | USDCNH | 1 times |
EURNOK | 1 times | USDDKK | 1 times |
EURNZD | 1 times | USDHKD | 1 times |
EURSEK | 1 times | USDHUF | 1 times |
EURSGD | 1 times | USDJPY | 1 times |
EURTRY | 1 times | USDMXN | 1 times |
EURUSD | 1 times | USDNOK | 1 times |
GBPAUD | 1 times | USDPLN | 1 times |
GBPCAD | 1 times | USDSEK | 1 times |
GBPJPY | 1 times | USDSGD | 1 times |
GBPNZD | 1 times | USDTRY | 1 times |
GBPUSD | 1 times | USDZAR | 1 times |
NOKJPY | 1 times | ||
Precious Metals | |||
Affected Instruments | Margin Requirements | ||
XAGUSD | 1 times | ||
XAUUSD | 1 times | ||
Cash CFDs | |||
Affected Instruments | Margin Requirements | ||
AUS200 | 1 times | ||
DE30 | 1 times | ||
ES35 | 1 times | ||
STOXX50 | 1 times | ||
F40 | 1 times | ||
HK50 | 1 times | ||
JP225 | 1 times | ||
UK100 | 1 times | ||
US30 | 1 times | ||
US100 | 1 times | ||
US500 | 1 times | ||
USOil | 1 times | ||
UKOil | 1 times |
Please note that Blackwell Global server time is set to GMT +2.
This revision is subject to market volatility. Blackwell Global will continue to monitor the markets. We will keep you updated should there be any further changes.
Back to Previous Page >>02.11.2016
Revision of Margins on Sun, 6 November 2016 Due to U.S. Presidential Election
In light of the 58th quadrennial United States presidential election that will be held on Tuesday, 8 November, 2016, it is expected that markets will be volatile during the period of voting. With that anticipation, Blackwell Global will increase the margins on the following selected instruments from Sunday, 6 November 2016, 9:00pm (GMT). Effective on Sunday, 6 November onwards:
Forex (Majors) | |||
---|---|---|---|
Affected Instruments | Margin Increase | ||
AUDUSD | 2 times | ||
EURUSD | 2 times | ||
GBPUSD | 2 times | ||
NZDUSD | 2 times | ||
USDCAD | 2 times | ||
USDCHF | 2 times | ||
USDJPY | 2 times | ||
Forex (Crosses & Exotics) | |||
Affected Instruments | Margin Increase | Affected Instruments | Margin Increase |
EURCAD | 3 times | NZDCHF | 3 times |
EURCHF | 3 times | NZDJPY | 3 times |
EURGBP | 3 times | NZDUSD | 3 times |
EURJPY | 3 times | SGDJPY | 3 times |
EURNOK | 3 times | USDCAD | 3 times |
EURNZD | 3 times | USDCHF | 3 times |
EURSEK | 3 times | USDCNH | 3 times |
EURSGD | 3 times | USDDKK | 3 times |
EURTRY | 3 times | USDHKD | 3 times |
EURUSD | 3 times | USDHUF | 3 times |
GBPAUD | 3 times | USDJPY | 3 times |
GBPCAD | 3 times | USDMXN | 3 times |
GBPCHF | 3 times | USDNOK | 3 times |
GBPJPY | 3 times | USDPLN | 3 times |
GBPNZD | 3 times | USDSEK | 3 times |
GBPUSD | 3 times | USDSGD | 3 times |
NOKJPY | 3 times | USDTRY | 3 times |
NOKSEK | 3 times | USDZAR | 3 times |
NZDCAD | 3 times | ||
Precious Metals | |||
Affected Instruments | Margin Increase | ||
XAGUSD | 2 times | ||
XAUUSD | 2 times | ||
Cash CFDs | |||
Affected Instruments | Margin Increase | ||
AUS200 | 2 times | ||
DE30 | 2 times | ||
ES35 | 2 times | ||
STOXX50 | 2 times | ||
F40 | 2 times | ||
HK50 | 2 times | ||
JP225 | 2 times | ||
UK100 | 3 times | ||
US30 | 3 times | ||
US100 | 3 times | ||
US500 | 3 times | ||
USOil | 3 times | ||
UKOil | 3 times |
Please note that Blackwell Global server time is set to GMT +2.
Please bear in mind the additional risk that such events can carry and adjust your trading style as necessary.
If you have open positions during the affected period, margin requirements to keep those positions open could rise. We strongly recommend that you monitor open positions carefully and maintain a sufficient account surplus throughout this period.
Please be aware that Stop Loss Orders are not guaranteed to be filled at your order level as they are converted to Market Orders once triggered. And due to lack of liquidity and dislocation, Pending Orders may not be filled in accordance with your demands, as spread widening may occur.
Blackwell Global will closely monitor market volatility and liquidity and will reassess the margin requirements during and after the Election and make the necessary adjustments thereafter.
Back to Previous Page >>28.10.2016
Changes in Trading Hours Due to Daylight Savings from Sunday, 30 Oct 2016
Please be aware that due to changes in daylight saving time from Sunday, 30 October 2016, Blackwell Global server time will follow GMT+2. We would like to highlight the changes in the trading hours as follows – Effective on Sunday, 30 October onwards:
Cash CFDs (ES35) |
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Cash CFDs (UK100, DE30, FR40, EU50) |
|
Forex |
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Gold and Silver |
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Cash CFDs (US30, US500, US100) |
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Cash CFDs (JP225) |
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Cash CFDs (USOil) |
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Cash CFDs (UKOil) |
|
26.10.2016
Revision of Margins Planned Due to U.S. Presidential Election
The 58th quadrennial United States presidential election will be held on Tuesday, 8 November, 2016. This will be one of the biggest events across the world this year, as the U.S. is the largest economy in the world. In order to protect clients from increased volatility in the market that might occur during such event, Blackwell Global will be increasing margin requirements. The new margin requirements related to the U.S. Presidential Election will be delivered to you during the first week of November by email, and can also be accessed on the company website. Blackwell Global has taken this measure to help our valued clients manage the potential risk through this period of expected volatility and uncertainty. As your broker, we are deeply concerned about your financial security and we suggest that you avoid trading on the affected instruments so as to minimise exposure to increased risks. Please ensure that your margin collateral is properly managed especially during this uncertain period – as such periods of heightened volatility can create possibilities of significant price gaps and periods of illiquidity, which can potentially put your account on a margin call. If you have open positions during the affected period, margin requirements to keep those positions open could rise. We would like to stress that Stop Loss Orders are not guaranteed to be filled at your order level; Stop Orders are converted to Market Orders once triggered, and dislocations in available liquidity could result in significant slippage on Stop Orders. For more details, please read our Terms of Business. Blackwell Global expects changes in margin requirements to be temporary. We will closely monitor market volatility and liquidity, and will reassess the margin requirements relative to the situation before, during and after the Election and make the necessary adjustments thereafter.
Back to Previous Page >>06.10.2016
Change of CFD Specifications
As part of our ongoing efforts to improve the trading experience of our traders, please note that there will be a change of CFD contract specifications as of Monday, 17 October 2016.
Do close your CFD positions by Friday, 14 October 2016, before market close. Any open CFD positions will be closed before market reopens Sunday, 16 October 2016, 21:00 GMT.
Products that are affected:
Cash Contracts for Difference (Cash CFDs) | ||
---|---|---|
AUS200 | DE30 | ES35 |
F40 | HK50 | JP255 |
STOXX50 | UK100 | US30 |
US100 | US500 | USOil |
UKOil |
Click below to for more details about these changes:
Learn More Back to Previous Page >>