Quoting rules for CFDs on Oil and stocks will be changed
Dear Traders and Investors!
We’re informing you that due to the liquidity provider change, quoting rules for CFDs on Oil and stocks will be changed.
CFDs on stocks
June 15th, 2016
The mode for all CFDs on stocks will be changed to "Close Only".
June 30th, 2016
All open positions will be closed at the last market price. Quoting will stop and the instruments will not be available for trading.
CFDs on Oil
June 30th, 2016
After quoting on WTI and Brent stops at 11:15 PM, the following changes will be introduced:
- In the Contract Specifications section, 1 lot will be equal to 1,000 barrels instead of the current value of 100 barrels.
- The minimum lot size will be reduced up to 0.01 (10 barrels).
- All positions on demo accounts will be closed at the last market price.
- All positions on real accounts will be kept open, but modified in proportion to the change of the contract volume.
July 1st, 2016
3:00 AM (server time)
Quoting and trading WTI and Brent will be resumed according to the regular schedule.
Trading stocks with the direct access to the market will be opened on a specialized platform in July.
Sincerely,
CopyFX