Due to unprecedented market conditions, with immediate effect, we will:
- impose changes to trading terms such as margin requirement / leverage, spread, and overnight funding on crude oil trading products without prior notice;
- impose “close only” should prices of any crude oil trading products falls below 5 USD，e. no new orders will be accepted unless they are to close existing trades;
- we will not be forwarding any pricing/quotes with negative values on our trading platforms
- In the unlikely event of the price reaching “0”, we will close any open positions at the available market price at that time. Please note that the market price might be negative and so please take any necessary precautions in anticipation of such a scenario.
Please do not hesitate to contact us if you have any questions.
ZFX / Zeal Capital Market