IG Securities, the Japanese subsidiary of electronic trading major IG Group, will change the trading conditions for certain commodity CFDs.
In light of the increasing tensions in the Middle East, the broker will raise the minimum maintenance margin rate for new positions in crude oil-related CFDs (WTI crude oil and North Sea crude oil) in corporate accounts to 4% from 6:00 a.m. on October 4, 2024.
- There will be no changes to individual accounts.
- There will be no changes to existing positions.
- The variation margin rate and lot size for each level may also be reviewed.
Please note that this change is expected to be temporary, and IG plans to revert the margin to the original level at its discretion from next week.
