IG Securities, the Japanese arm of IG Group, has published a notice of an upcoming margin ratio change for over-the-counter (OTC) corporate foreign exchange (FX) transactions. This change is scheduled to take effect on Friday, August 2, 2024, between 17:00 and 18:00.

The Company has urged all clients involved in OTC corporate FX trading to familiarize themselves with the updated margin ratios before initiating any new transactions. Changes to margin ratios may vary depending on the specific currency instruments involved and some issues may result in significant adjustments to margin requirements.

Traders are advised to visit the URL provided ( https://www.ig.com/jp/corporate-fx-margin.html ) for details of the new supported margin ratios to be implemented.

IG Securities also emphasizes that margin rates are subject to change without prior notice depending on prevailing market conditions. Thus, it is critical for traders to confirm the latest margin ratios directly in the trading system before executing any trades.

This update underscores IG Securities' commitment to ensuring that its clients are well informed and adequately prepared for changes that may affect their trading strategies. The company encourages all traders to take the necessary steps to review and adjust their positions in light of these upcoming changes to minimize potential risks.