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If CFD margin is increased during times of volatility, by let's say 80% to 100%, my understanding is that this would only affect new positions and not existing positions. The previous margin requirement (20%) applicable to existing positions will not apply irrespective of the increase.. However,  if I were to open a new position, then the new margin (100%), would apply going forward. Is this the correct understanding?

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On 13/06/2022 at 22:07, LaserEye said:

If CFD margin is increased during times of volatility, by let's say 80% to 100%, my understanding is that this would only affect new positions and not existing positions. The previous margin requirement (20%) applicable to existing positions will not apply irrespective of the increase.. However,  if I were to open a new position, then the new margin (100%), would apply going forward. Is this the correct understanding?

Hi @LaserEye,

That would be correct, in the past it only affected new positions not previous ones. There could be instances where we will provide you with a time frame saying after x date the margin will increase.

When such event occurs it is likely that you will receive communication around it as IG would know if you will be affected. The communication will clarify if your current position are affected or not.

All the best - Arvin

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