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Dear customer
Hello!
Due to the COVID-19 raging around the world, the global stock market has fluctuated violently recently. US stock market follow-up2020year3month9After the circuit breaker occurred on the day3month12The circuit breaker mechanism is triggered again. To prevent recent market fluctuations and potential market risks that may arise from them,GKFXPrime Will start from3month13After the close of the day, allstock market indexThe leverage is derived from100Double decrease to50Times. (HK50as well asHK ShareStill maintaining10Double leverage.
Please note that a reduction in leverage will not only affect newly opened stock positions, but also take effect on your existing stock positions.
Here are some examples to illustrate the impact of leverage adjustments on your account's use of margin (prepaid funds already used):
1) stay100Under double leverage, ifWS30The quotation is22000So, you're a first-hand traderWS30What is the required deposit22000/100=220USD;
stay100Under double leverage, ifDAX30The quotation is9500So, you're a first-hand traderDAX30What is the required deposit9500/100=95euro=about106.02USD;
2) stay50Under the double leverage,WS30The quotation is22000So, you're a first-hand traderWS30What is the required deposit22000/50=440USD;
stay50Under double leverage, ifDAX30The quotation is9500So, you're a first-hand traderDAX30What is the required deposit9500/50=190euro=about212.4USD;
From the above, it can be seen that a decrease in leverage will lead to an increase in your use of margin. If you believe that there is a risk of strong liquidation in your account due to an increase in margin, please deposit new funds through the client's office or liquidate your relevant positions as soon as possible.
If you have any questions, please send an email toinfo_cn@gkfxprime.comContact us, thank you.