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Dear Clients
Please note that trading conditions over the Christmas and New Year Holidays will be changed as follows:
FOREX, Spot Precious Metals:
closing on 24.12.2008 at 20:00 (terminal time)
opening on 26.12.2008 at 09:00 (terminal time)
closing on 31.12.2008 at 20:00 (terminal time)
opening on 02.01.2009 at 09:00 (terminal time)
From 24.12.2008 to 02.01.2008 inclusive:
a) the Maximum Spreads mentioned in Contracts Specifications will be increased by 3 times the normal level (ie eur/usd - 6 pips, gbp/usd 9 pips);
b) levels of Stop&Limit will be also increased by 3;
c) leverage for all accounts will be reduced to 1:33;
The change in trading conditions is due to the thin illiquid market during Christmas week. There may also be periods of greatly increased volatility.
We strongly recommend that you decrease the amount of opened positions, use Stop Losses and maintain margin level above 100%.
The whole FXOpen team wishes you a very Merry Christmas and a Happy New Year!
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