Revision of Margin for Oil Products
Please be informed that margin on rolling oil products will be revised to USD1,000 per lot regardless of account leverage from Wednesday, 01 July 2020, 09:00 (GMT).

Product

Margin

USOIL

USD1,000 per lot

UKOIL

USD1,000 per lot

In addition, in order to control potential market risk caused by high volatility of crude oil market, please note that the following additional measures will be taken:
  • All rolling oil products will be set to “close only” if the price falls below $5.
  • If USOIL price falls to 0, any open positions, including hedged positions, will be closed immediately at the available market price. As such, please ensure that your open positions are properly managed and be prepared for any potential market movements during these fluctuating times.
Thank you for your continued support and understanding.