Crude oil trading leverage adjustment notice
发表时间:2016-11-30     阅读次数:     字体:【

Dear AFG customers,

At 18:00 Beijing time on November 30, 2016, the organization of Petroleum Exporting Countries (OPEC) meeting will be held in Vienna. The outcome of the meeting is highly uncertain. The oil price may fluctuate sharply, which may bring new impact to the energy market. It is expected that the market will be very volatile, which may lead to abnormal market fluctuation, high lack of market liquidity and serious reduction of market depth, This impact may lead to problems such as short jump of trading market, sliding point, expansion of point spread, order rejection, etc. it is recommended that you do a good job in position control and appropriately increase the margin ratio. In line with the principle of being responsible to customers, AFG will make the following adjustments to the trading leverage of crude oil products at 14:00 Beijing time on November 30, 2016:

Warm tip: during the OPEC meeting, the market may have instantaneous spread / price fluctuations affected by relatively large trading volume, and may not be able to trade due to insufficient liquidity. If there is a lock in your account, the instantaneous spread change in the market may have serious consequences for your account. Please control your position reasonably to avoid unnecessary losses caused by such problems.

AFG China Representative Office

November 30, 2016

 
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