IG Securities, the Japanese division of IG Group, announced an upcoming adjustment to the support margin ratio for over-the-counter (OTC) corporate foreign exchange transactions.

The change will take effect from 17:00 to 18:00 on July 26, 2024.

In its official notification, IG Securities emphasized that the margin rates are subject to change without prior notice depending on prevailing market conditions. Traders should be aware that margin rates for new positions are subject to change depending on the particular issue. Thus, it is imperative for clients to check the latest margin ratios through the trading system before initiating any trades.

The company emphasized that there are several issues with significant margin ratio changes in this update. Therefore, it is important for traders to check the updated margin ratios carefully to avoid unexpected margin calls or position liquidations.

IG Securities has provided clients with a URL to access details of the new maintained margin ratios: URL: https://www.ig.com/jp/corporate-fx-margin.html.

The timing of the adjustment scheduled for the end-of-day trading session emphasizes the importance of preparedness for market participants. IG Securities recommends that all traders review their positions and ensure that they are compliant with the new margin requirements in order to maintain their trading activity without interruption.

As margin rates are subject to sudden changes in response to market volatility, IG Securities' decision to update support margin ratios reflects the firm's commitment to maintaining a safe and stable trading environment. This adjustment is intended to protect both traders and the firm from excessive risk-taking during periods of heightened market activity.

IG Securities remains committed to fully supporting its clients by offering detailed guidance and resources to help them adjust to the updated margin requirements. The firm continues to prioritize transparency and client satisfaction, ensuring that all relevant information is easily accessible.