EU and Australia-regulated forex broker XM said it is raising the margin requirements on the EUR forex pairs in the CFDs on European equity indices due to the upcoming election for parliament in France. According to the broker, the election, which takes place on June 11, will possibly lead to extreme market volatility, thin liquidity, abnormal spreads and price gaps in many currency, commodity and stock markets globally. For this reason, starting from 18:00 p.m. server time (GMT+3) on Friday, 9th June 2017, the margin required for all positions (for opening new positions and for maintaining existing positions) will ... (full story)