Dear client,

In preparation of significant increased volatility in the crude oil markets due to the uncertainty of global financial market, CWG Markets has conducted a review of its risk management techniques with the intention of providing a greater level of control during this period. As a result of our review, CWG Markets is implementing an adjustment to its margin requirements on crude oil.  

Therefore, please be aware that from 10th April 2020 we will be applying the following margin changes as provided below.

After the opening market stabilizes on the following Monday or the next trading day, it will be restored to the original margin requirements, as follows:

It is your responsibility to continuously monitor your margin level and trading strategy. We would like to advise caution and please note:

-Widened spread: The order is usually not executed at the original price should there be volatility and reduced liquidity in the market. Widened spread and slippage may occur. Therefore, this may work for you, or against you. 

-Markets may initially experience volatility after weekends and holidays, we advise you monitor open positions carefully and maintain sufficient margin.

-Increased overnight interest: The overnight interest may increase due to markets performances and supply/demand ratio. Therefore, please take extreme caution in trading and ensure that your account holds sufficient funds.

We will inform you should there be any further changes. We would like to take this opportunity to thank you for your continuous trust and support for CWG Markets. We continue to improve our services, aiming at providing leading trading environment and excellent customer service to our clients. Please also be assured that we are constantly monitoring and reviewing stability of the trading environment. 

As always, should you have any questions, please do not hesitate to contact us at service@cwgmarkets.com.