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Last year, ASIC announced changes in trading conditions for retail CFD traders. These changes are coming into effect on March 29 and include decreased leverage ratios, negative balance protection, increase in stop out level, prohibition on some inducements.
This means that you will no longer be able to use leverage up to 1:500 or get Welcome Bonus. The Bonus accounts opened before March 29 will stay open for trading but will be affected like any other account – the leverage will be reduced, the stop-out level will change from 20% to 50%.
These changes will not affect positions opened before March 29.
Please read the information on the ASIC Regulatory Update page carefully and keep it in mind when trading and opening new accounts.
October starts with the public holiday in Hong Kong – National Day of the People’s Republic of China.
The end of August and the start of September bring several public holidays: UK Summer Bank Holiday on August 30, US Labor Day on September 6, and Brazil Independence day on September 7. This will affect the market schedule.
In August 2021, FBS and Leicester City Football Club, 2021 FA Cup winners, launched their partnership with an official signing ceremony.
July starts with two public holidays – Independence Day in the U.S. and the Hong Kong Special Administrative Region Establishment Day.
On June 14, there are two major celebrations, which bring some changes to the market schedule.