June 2020 25

YNDX CFD margin requirements rise to 40% from June 25, 2020

Dear Clients!

Please be advised that from June 25, 2020, the margin requirements for CFDs on YNDX (Yandex NV) will be increased to 40% of the position size. TeleTrade is forced to take this step after a corresponding change in margin requirements for the specified instrument on the side of the company's counterparties.

Please note that by June 25, 2020, the balance of funds on your trading account should correspond to the new margin level for CFDs on YNDX. Also, until the new margin requirements come into force, you can reduce the volume of open positions on CFDs on YNDX. These actions will allow you to avoid Margin Call or Stop Out.