Recent developments in Greece and the forthcoming EU summit, scheduled for Sunday, 12 July 2015, can become the source of unusual market conditions and disruptions in market operations, extremely high market volatility and lack of liquidity in the market. It can also cause the increase in spreads and gaps on the price charts.
With the aim of protecting the company and the clients in the period of sharp price movements LiteForex has decided to introduce the following changes:
Note that on Friday, 10 July 2015 from 19:00 (server time GMT+3) margin requirements for all the pairs with the Euro will be increased by 5 times. This change will affect both existing open orders and new orders. On the CENT accounts the maximal size of the dynamic leverage will be limited up to 1:500.
This is an interim measure and the change will be cancelled on Monday, 13 July 2015 at 10:00 (server time GMT +3).
LiteForex strongly recommends traders to evaluate their trading positions and ensure that the funds on their accounts are sufficient, so that trading will not be suspended because of stop-outs.