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Change to Margin on Shares due to Corporate Actions

Dear Client

Margin requirements for shares, with an upcoming company earnings report and/or corporate and/or other action (collectively, the ‘corporate event’), may be increased 5 business days prior to the corporate event and may remain in effect after the corporate event at FXGlobe sole discretion.

During the affected period, new margin requirements will apply for all existing and new trades. All clients remain fully responsible for monitoring both the required margin of their account(s) and free margin prior, during and after the affected period. Based on the above, clients understand and accept that this may result in their account(s) incurring a margin call and/or stop out.

Margin Changes

The upcoming earnings:

Date Symbol Margin requirements New Margin requirements
Friday, April 13, 2018 JPMorgan (JPM) 20% 40%
Monday, April 23, 2018 Alphabet A (GOOGL) 20% 40%
Wednesday, April 25, 2018 Amazon.com (AMZN) 20% 40%
Thursday, April 26, 2018 Barclays (BARC) 25% 50%
Thursday, April 26, 2018 Microsoft (MSFT) 20% 40%
Friday, April 27, 2018 Exxon Mobil (XOM) 20% 40%
Monday, April 30, 2018 Apple (AAPL) 20% 40%

*The values provided are received from liquidity providers and are subject to omissions and/or errors

Do not hesitate to contact if you need further information.

 

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