Important Notification About the Swedish General Election

Posted on September 5, 2018 at 6:00 am GMT. Read More XM Company News

We would like to inform our clients that the upcoming Swedish General Election, which takes place on 9th September 2018, will possibly lead to extreme market volatility, thin market liquidity, abnormal spreads and price gaps in many currency, commodity and stock markets globally.

In light of the elections and in order to protect our clients and our Company from the anticipated market turbulence during the elections, XM will implement the following temporary measure:

From 18:00 p.m. server time (GMT+3) on Friday, 7th September 2018, the margin required for all positions (for opening new positions and for maintaining existing positions) will be temporarily increased for all instruments to the following:

  • 1% (100:1 leverage) for all SEK currency pairs

This temporary measure will be completely waived for all positions and margin requirements will revert to normal (as per the normal client account leverage settings) by Monday 10th September 2018, shortly after the announcement of the results of the Swedish General Election.

Clients who intend to keep open positions during the upcoming Swedish General Election should ensure that their trading accounts are sufficiently funded in order to avoid any disturbances from possible margin calls and/or stop-outs in their trading activity.

Note: In order to see the correct margin requirements, please make sure that you have the latest XM MT4/MT5 Client Terminal.