December 13, 2010

Dear Customers!

Please review this schedule of trading sessions for the Christmas and New Year holidays:

  Date     CET 
  18:00   Trading is closed (stopped)
  From 24.12.2010
  to 26.12.2010
  Trading is closed for all markets
   00:00   Trading will be opened 
  according to modified trading terms *
  18:00   Trading is closed
  From 30.12.2010
  to 02.01.2011
  Trading is closed for all markets
  00:00   Trading will be opened
  according to normal trading terms

* From 27/12/2010 to 30/12/2010 magnitude spreads to all financial instruments included in the quotation list of "micro" accounts will be increased three times compared to normal values specified in the contract specifications. Levels of margin-call and stop-out will be doubled, and become 80/40% for micro and standard accounts and 200% / 100% for MT-ECN accounts.

Please be aware that opening of positions during the holidays is risk full: 

  • Increased spreads and stop-out levels from 27.12.2010 to 30.12.2010 can start liquidation process if account doesn't have enough equity, even if accounts have locked positions.
  • On December 27, 2010 and January 3, 2011, when the market is opened, all stop orders can be executed only according to market opening prices regardless of the level of prices on market closing. 
  • Limit orders can be executed only according to requested price and only during the set time of trading sessions regardless of price fluctuations in the period from December 24, 2010 to January 3, 2011. 

Please take action in advance so the changes mentioned do not affect your trading strategy.

The following details the holiday work schedule of Financial Department:

The final work day of the Financial Department is 12.30.2010 at 6 p.m. The Financial Department will open again on 01.03.2011.

Please send in your withdrawal requests in a timely manner.

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