News

April 2020 22

Setting CFDs on UKBrent and USCrude to Close only

Dear clients,

Please be aware that the Company has set CFDs on UKBrent and USCrude to "Close only", due to price instability and lack of liquidity.

"Close only" mode means that traders holding trades on the instruments may close them when they would like to, but they cannot open new positions.

Note also that pricing for CFD on USCrude has been temporarily stopped due to issues on the liquidity provider side. We are working on resuming the pricing.

Due to the difficult situation in the oil market, our liquidity providers have also notified us of a drastic increase in SWAPs on CFDs on UKBrent and USCrude.

Please pay special attention to these changes and consider them in your trading.