Euro Pacific Bank

Updated Margin Policy for GTS and GTS Pro

All clients should ensure that they are familiar with the margin policy of Global Trading Limited (GTL). when trading on Global TradeStation, Global TradeStation Pro, or any legacy platforms (WebTrader, MobileTrader).

There are three levels of margin notices, 80% use of equity for margin, 90% use of equity for margin and 100% use of equity for margin. The notices will be sent to your GTL account via a popup inside your trading account.

In order to ensure that you will not be stopped out of any positions (positions automatically closed) you should always ensure that you are always utilizing less than 100% of your available margin utilization. As stop-out levels can change based on market conditions it is important that you monitor your margin levels closely so that you are not in breach.

If your account goes above 150% use of equity for margin, all margin positions will be liquidated and converted to cash (stop-out). All open orders will be cancelled.

Any exposure that is continuously under margined (margin utilization above 100%) for a period of 47 hours will trigger a stop-out. This will not overrule the 150% stop-out trigger, if this level should be reached in the 47 hour period.

You alone are responsible for monitoring your margin position(s). GTL has no responsibility to notify you. Please take great care when entering your orders to make sure it is what you intend to do and that you do not leave any open orders that you do not wish to be executed.

LAST UPDATED: OCTOBER 31, 2024

October 31, 2024: Receiver's Report.

October 16, 2024: Receiver's Notice.

October 04, 2024: Migration Update.

April 16, 2024: Receiver's Reports.

April 13, 2024: Migration & Liquidation update.

March 11, 2024: Receiver's Reports.

March 03, 2024: Migration & Liquidation update.

February 19, 2024: Migration & Liquidation update.

February 02, 2024: Migration & Liquidation update.

November 21, 2023: Migration Update (Opt-in Only).

November 20, 2023: Progress Report (Opt-out Only).

September 22, 2023: Report & Communication Portal.

September 01, 2023: Migration & Liquidation update.

July 20, 2023: Migration & Liquidation update.

June 23, 2023: Migration & Liquidation update.

June 17, 2023: Receiver's report.

May 31, 2023: Migration & Liquidation update.

May 05, 2023: Migration & Liquidation update.

April 20, 2023: Liquidation update- Action required.

March 31, 2023: Migration & Liquidation update.

March 8, 2023: Migration & Liquidation update.

January 27, 2023: Correspondent bank update.

December 16, 2022: Comprehensive FAQ is published.

December 05, 2022: Migration & liquidation update.

November 01, 2022: Mutual funds & outgoing wire requests update.

October 21, 2022: Update on Opt-out deadline - Extended.

October 14, 2022: Customer Update & Townhall.

October 8, 2022: Update on opt-out deadline for EPB clients who do not wish to migrate their account to Qenta Inc.

September 30, 2022: Update on bank liquidation, pending transactions, and migration of assets to Qenta Inc.

September 28, 2022: Update on pending transactions for clients opting out of Qenta Inc. migration.

September 16, 2022: Update on pending transactions for clients opting out of Qenta Inc. migration.

September 8, 2022: Qenta has emailed a welcome letter to all EPB clients. You can read a copy of it here.

September 2, 2022: Update on pending transactions, brokerage, and account migration.

August 29, 2022: Euro Pacific Bank liquidation has commenced. Please read our formal instructions here as it is time-sensitive.