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Changes to Spot Gold margin from 2% to 20% - Singapore only


Guest Nay

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  • JamesIG changed the title to Changes to Spot Gold margin from 2% to 20% - Singapore only

Dear James,

Thank you so much for explanation. No wonder I heard other country based account not affected at all. Too bad for me as i have negative running positions which plan to hold longer have to close them or reduce 1:10 ratio by end of this month. No holding power anymore.

Best Regards,
Nay

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1 minute ago, Guest NAY said:

Anyone can explain what is the reason for changes for only Singapore based account?

Unfortunately we only know that this is a regulatory change, and don't have specifics on their exact reasoning. We can only adhere to the outcome. 

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