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IG and ActivTrades hike margins ahead of Italian referendum
In order to protect their clients from the expected volatility in relation to the forthcoming referendum in Italy, UK-based brokerages IG and ActivTrades announced they are temporarily increasing margin requirements on select instruments. IG’s new margins will come into effect from 3pm (UK time) on 2 December, 2016, and will affect working orders, options, and positions opened via MetaTrader 4 for the following instruments:The broker urges traders to monitor their positions carefully and ensure they have sufficient funds in their accounts to meet margin requirements and prevent early closure. Please note that ... (full story)