A new trade ticket is now available in GTS Mobile aligning the trade tickets across the web platforms. The new trade ticket offers GTS Mobile users a number of recent enhancements including:
Second currency FX spot trading: clients can set trade amounts in the second currency
Take profit / stop loss in account currency: allows take profit / stop loss orders to be defined as profit or loss amounts in the account currency (in addition to instrument price, distance in % or distance in Ticks / PIPs)
Persistence of input fields: saves input field values for each instrument when a trade or order is placed, persisting them the next time the instrument is selected
Market depth in Trade Ticket: for clients subscribing to level 2 market data from an exchange, market depth is now also shown in the Trade Ticket for reference
Keyboard support: to efficiently enter trades and orders with basic keyboard support in the Trade Ticket
Share calculator: to select a number of shares (or units of the instrument being traded) from a trade amount in the currency of the selected trading account.
Account selector
For clients that have multiple trading account, the account selector in the Trade Ticket has been moved from the top of the Trade Ticket to be next to the trade buttons.
A new margin monitor is now available through the GTS Web and GTS Pro platforms for monitoring the impact of scheduled coming margin changes on the client’s account.
The margin monitor is available from the account toolbar (account summary in GTS Pro) if margin changes are scheduled which affect the client’s account.
The margin monitor lists any positions affected by margin changes. The margin simulation includes all changes up to the displayed date and time.
In this example, the Amount would normally be placed in EUR but you can now select to place the trade in JPY which will be converted to the EUR amount when you place the trade.
A new feature will soon be available in the GTS Web and GTS Pro platforms which reminds clients to add take profit and stop loss orders after placing a trade.
If no orders already exist for the instrument, a notification is shown after placing a trade with a button which opens the Add Related Orders dialog for the position.
GTS Pro offers linking of modules for quick switching of instruments, for example to an instrument selected in the watchlist, positions list or orders list.
GTS Pro now expand on this functionality to offer multiple channels for more sophisticated platform linking strategies including:
4 different independent channels for linking modules directly together
All Channels to link a module across all the independent channels
Removal of Non-Professional Subscriptions to Nasdaq OMX Nordic Equities for both live and delayed data
From Jan 01st 2019, xisting subscriptions will be terminated and the ability for clients to subscribe to this exchange as non-professionals will be removed. Professional subscriptions have been removed on Aug 1st 2018 as previously communicated here.
Subscriptions to be removed
Current view of the instruments
Instruments on OMX that show zero on the price are supposed to be still tradable.
Please contact [email protected] if you have further questions about these changes.
Please be advised that we are no longer going to be supporting Nasdaq OMX Nordic Equities Subscriptions due to changes in the Nasdaq OMX Nordic Equities exchange licensing policies associated with this subscription. Existing subscriptions will be terminated and the ability for clients to subscribe to this exchange as non-professionals will be removed. Professional subscriptions have been removed on Aug 1st 2018 as previously communicated here.
Subscriptions to be removed
Current view of the instruments
Instruments on OMX that show zero on the price are supposed to be still tradable.
Please contact [email protected] if you have further questions about these changes.
Please be advised that we are no longer going to be supporting Nasdaq OMX Nordic Equities Professional Subscriptions due to changes in the Nasdaq OMX Nordic Equities exchange licensing policies associated with this subscription. Existing subscriptions will be terminated and the ability for clients to subscribe to this exchange as professionals will be removed. Private subscribers can still apply for the real-time subscription as usual.
Subscriptions to be removed
Current view of the instruments
Instruments on OMX that show zero on the price are supposed to be still tradable.
Please contact [email protected] if you have further questions about these changes.
On Friday 2 November 2018 at 08:00 GMT we will be implementing new standard margin rates for CFDs, as a result of the continued uncertainty surrounding the Brexit negotiations.
These margin rates will remain in effect until further notice, as we continue to monitor the geopolitical and market situation closely.
What will the margin rates be?
The following table gives you an overview of the affected instruments on your account.
CFDs
CFDs
Minimum margin from 2 November
UK 100
5%
EU Stocks 50
4%
Swiss 20
4%
France 40
4%
Netherlands 25
4%
Germany 30
4%
You can check the upcoming changes to margin rates and collateral requirements for your respective margin profile in the trading platform under ‘Account – Margin and Collateral’ from Friday 19 October 2018 and onwards.
Margin Monitor Feature
From Monday 22 October, a new ‘Margin Monitor’ feature will be available in GTS Web and GTS Pro, to complement the existing Margin and Collateral changes module. This gives you an overview of the positions that are affected by margin changes, and shows the current and simulated margin after all changes have been applied.
Access to the Margin Monitor
The Margin Monitor will be available through an icon on the Account Toolbar (on the Account Summary in GTS Pro). The Margin Monitor is also available in My Account.
How does this impact your trading?
If you have open positions in any of the affected markets, please ensure that you monitor your positions carefully and maintain sufficient funds in your account to meet the increased margin requirements during this period of turmoil.
We recommend you keep the following in mind, especially when trading during periods of potential market volatility:
Consider placing relevant resting orders in advance. Market liquidity may vary substantially, and trade/quote requests may be unavailable at times as existing resting orders and new market orders are filled as priority
Market orders are not guaranteed to be filled at any specific price – they will be filled “at best” according to available market price when processed
Stop Loss orders are converted to Market orders once triggered, so are not guaranteed to be filled at your stop order level – gaps in available liquidity can result in significant slippage on Stop orders
Using Stop Limit type orders (rather than Stop Market) can be very beneficial as they allow the client to specify the worst acceptable immediate fill rate after triggering, and they will rest in the order book if not able to be filled immediately
Buying options (i.e. puts to protect long positions and calls to protect short positions) could be a hedging vehicle suitable for market uncertainty since they offer protection at the fixed Strike price, rather than Stop orders where fills on gapped prices can occur
More information
If you have any questions, please contact [email protected].
During the month of October, we will be updating the trade and order tickets available in GTS for desktop and tablet, aligning the platforms with the current ticket offerings in GTS Mobile and GTS Pro.
Keyboard controls for GTS and GTS Pro
We now have keyboard controls in grids which have been focused on (i.e. active window in GTS Pro or part of the workspace that has been clicked on with the mouse).
Cursor up and down will move up and down items in selected grid
Page up and down will work as expected
Same for HOME and END keys
ENTER will trigger primary action in same manner as mouse double click and launch:
A robust global economy, fuelled by improving US economic data, led developed markets broadly higher during Q2. Dispersion of returns across equity markets increased and there was weakness in emerging markets where growth prospects have been trimmed. European data has also cooled and political risk there has again come to the fore.
United States
Strength in the US dollar continues to be one of the defining features in markets. The US Federal Reserve increased interest rates by 25 basis points for the second time this year and it remains committed to two further hikes within the calendar year. It has resulted in weakness in other currencies, primarily in emerging markets where underperformance has been widespread, partly as a result of reliance on dollar-denominated debt and ensuing pressures on lending activity.
We expect foreign exchange rates to continue to play an important role in markets in the short term and remain positive on the US dollar, largely because of the progressive stance on monetary policy adopted in the US in comparison to other countries. Conditions do not appear ripe for a recession and an imminent equity bear market looks unlikely. The momentum in US assets looks set to continue for now although valuations, particularly in the technology sector, look expensive. Europe and emerging markets are at an earlier stage in the cycle and could outperform if fears regarding global trade wars and political risk in Europe subside.
Europe
Europe committed to ending its Quantitative Easing policy at the end of 2018, although there remains no clear exit for Japan. In the UK, interest rates continue to rise at a glacial pace; with the disappointing economic backdrop setting back the timetable for rate increases.
Equities
The majority of equity markets are still lower in 2018 with the US market a notable exception.
The US produced the best returns in global equity markets and the tech-heavy NASDAQ made a total return of 7.3%. Returns were more modest elsewhere. UK equity returns were augmented by weakness in the pound against the US dollar which has helped exporters. The oil price rallied sharply as the US stepped back from the Iran nuclear deal, meaning that global supply would be lowered as a result of the renewal of sanctions.
Fixed Income
There was little movement in fixed interest markets over the quarter. The sector remains an important source of income and offers diversification.
Gold
The gold price declined by -5.5% as investors moved into riskier investments such as equities. The Absolute Return sector was unchanged and in the current environment it remains difficult for managers within the sector to add value.
We are temporarily pausing all new and ongoing bank account applications in preparation for our eBanking upgrade. We will resume accepting applications at the start of the business day on October 1, 2018.
As a result, the application form has been temporarily disabled.
In the meantime, we recommend familiarizing yourself with the new eBanking platform by reading our User Guide.
To change your phone number, click the in the upper right corner of your screen and select Update User Details.
Enter your new phone number, select its Country Code, and click Get verification code. You will receive an SMS message with the verification code. Enter the code and click Submit.
Logging into your eBanking and authenticating transactions requires a one-time code, also known as Two-Factor Authentication (2FA). We provide two types of 2FA:
SMS Verification: Sends a text message to your phone number of choice.
Mobile OTP (mOTP): An iOS and Android application that generates one-time codes, replacing SMS Verification.
SMS Verification is enabled by default, and required when you log into eBanking for the first time. However, please upgrade to mOTP as soon as possible, as it is more secure and convenient for you.
How to configure mOTP on your device:
Download the application on the Apple or Google Play App Stores, depending on your device.
Login to Euro Pacific eBanking, select the in the top right hand navigation, and choose mOTP Activation.
Install the mOTP App on your device and login to the application using your eBanking username and password.
Select the Serial No. tab in the bottom navigation bar of the App and enter the unique serial number on the mOTP Activation page in your eBanking.
Navigate back to the I-TAN tab in your App and enter the most recent code into Insert mOTP Code in eBanking.
Submit the form in eBanking, confirm, and the App will be registered.
Once the App has been registered in eBanking, SMS Verification will be automatically disabled and replaced with mOTP. Future verification code requests in eBanking will require the code from your device’s mOTP App.
You can manage all the devices authorized to log into your eBanking. Click Manage Device in the icon to view your devices.
Your devices are separated into two types:
Saved Devices
Blocked Devices
Whenever you log into eBanking from a non-Saved Device, you are presented with the option to save it. If you save the device, it will be listed under Saved Devices, which are whitelisted devices known to you and used routinely to log into eBanking.
Each time you login from an unknown device, you will be notified via email and/or SMS and are presented with the option to block that device. These devices will be listed under Blocked Devices.
You can manage which actions in eBanking you will receive email and SMS Alerts for. Some Alerts may be set by the Bank administrator as mandatory, and therefore cannot be modified or disabled.
Some of the SMS and email Alerts you’ll be able to manage include:
New Customer Message
International Transfer
Pending Authorization
Card Top Up
Support Center Cases
and more
Manage your alerts by clicking the and selecting Manage Alerts.
If your Euro Pacific Bank account has multiple eBanking users, you have the ability to change each user’s Permission Levels based on your security requirements.
The most common Permissions Level change is requiring a secondary user to authorize transactions, also known as “dual authorization”.
Please follow these instructions to adjust each user’s Permission Levels for these supported transaction types: International, Between Own Accounts, other Euro Pacific User, and Card Top Up.
2. If you need assistance completing the form, feel free to Schedule a Call with our Client Services team.
3. Please note that this form supports most permissions scenarios, but not all. If you need more specialized Permission Levels, please contact us for changes on demand.
Request your transaction
Once we have processed your Change User Permissions request, you may submit a transaction to “test” your new permissions. For example, if User A only has input authority and User B has Approve Only or Full Access, please have User A submit the transaction and User B login to approve the transaction.
User B can approve the requested transaction using the instructions below.
Authorize your transaction
If a transaction was submitted pending authorization of another user, the approving user should follow the instructions below:
1. Log into your eBanking and click Pending Authorization on the in the upper right corner of your screen.
2. Select the appropriate account and then click to retrieve your transaction data.
3. Your transactions Pending Authorization should be listed, and you can approve or decline them by clicking the buttons under the Action column. Click the arrow on the right of the transaction to expand and view the transaction in its entirety.
4. Once you have made your approve and decline decisions, click the Submit button.
A Case is a secure and organized conversation between you and our dedicated customer service team, Client Services.
You can create a Case in your eBanking by clicking the in the upper right corner of your screen and further clicking Support Center.
Click Create New Case.
Note: The eBanking Support Center has replaced Messages as the primary method of communicating with us. However, the Messages module will remain available so we can send informational updates and notices to you, as well as for you to read previous message threads.
Inside Support Center, click the Requires Action tab to view all cases that require your action, for example providing documentation or an explanation.
Click the Case ID to view your case’s status and your outstanding action items in the Required Actions tab.
In each Required Action, you will find:
Initial Case Information – this is an overview of what is needed from you
Case Comments – this is a list of past comments
Attachments – files pertaining to the case, if any
Comments for Bank Associate – draft your reply here
In the Apply For menu on the right side of your screen, click Request for change of address and complete the form.
We will attempt Electronic Verification of your address. If we are unable to complete Electronic Verification, please provide a Certified Proof of Address.
You can open additional Current Accounts in various currencies. In the Apply For menu on the right side of your screen, click Open a New Account and complete the form.
If you would like to close your entire relationship with Euro Pacific Bank, please create a Case in your eBanking by clicking the in the upper right corner of your screen and further clicking Support Center.
If you want to merely close some of your Current Accounts, but not all, please complete the account closure form by clicking on the Apply For menu on the right side of your screen, click Account Closure Request and complete the form.
View and download your official account statements by clicking E-statements in the Accounts menu.
Define your search criteria by account and period, and click .
Note: This type of statement is only available from October 2018 on the month eBanking was launched. However, you may view your full list of historical transactions using the Transaction History screen, found in the Accounts menu.
Please use these standard incoming wiring instructions. We recommend you bookmark and reference the link, as opposed to saving it as a PDF, to ensure you have the most up-to-date instructions.
Once the funds arrive in your Euro Pacific Bank account, you may be asked to fulfill standard due diligence requirements, in compliance with international regulations.
Transfer between your own accounts by clicking Between Own Accounts in the Transfer menu.
You will be required to input:
The currency of the transfer, displayed next to the Amount field.
The Transaction Date. The current date is set by default. A future date can be set up to 90 days after the current date.
You have the option of setting up your transfer as Recurring. If enabled, additional fields are loaded for your input.
Click Submit to request the transaction. You can check the status of your transaction in the Online Transaction Status under the Activities menu.
Note: Transferring funds between two Current Accounts denominated in different currencies is effectively a “currency conversion”, as previously known. Second, to transfer funds to/from your Brokerage Account, please read this article.
Transfers to/from your Euro Pacific Trader (EPT) brokerage accounts are done by clicking Between Own Accounts in the Transfer menu.
1. Select your From Account, which is the bank account you’d like to use to fund your EPT account.
2. Select your To Account, which is your EPT account.
Please note that you may have multiple EPT accounts to choose from, all in different currencies. Please select the EPT account in the currency that you would like to fund.
Tip: To reduce confusion, we recommend that you Nickname Your Accounts for easy reference. You can view all of your account numbers at Accounts > Overview.
3. If you would like to fund a certain currency but do not have an EPT account in that currency, please go to your Messages and create a case stating you’d like to have that currency enabled for EPT funding.
For example, if you’d like to fund your EPT with HKD for the first time, you must ask us to enable your eBanking to allow HKD funding of your EPT.
4. Next, you will be required to input:
The currency of the transfer, displayed next to the Amount field.
The Transaction Date. The current date is set by default. A future date can be set up to 90 days after the current date.
You have the option of setting up your transfer as Recurring. If enabled, additional fields are loaded for your input.
5. Click Submit to request the transaction. You can check the status of your transaction in the Online Transaction Status under the Activities menu.
Tip: If you are attempting to convert cash inside of your Euro Pacific Trader account, you will simply need to do two internal transfers. First transfer the cash into your bank account, and then transfer it back to your brokerage account using the intended EPT account.
For example: You want to convert USD to EUR inside your Euro Pacific Trader account. Transfer USD to your bank account. Once it is processed, transfer that USD into the EUR Euro Pacific Trader account. This is a total of two transfers.
One of eBanking’s newest features, Mass Payments allows you to make bulk transfers for transfer types International, Between Own Accounts, and other Euro Pacific Account, as well as bulk Card Top Up.
This means that you’ll be able to request transfers to multiple accounts and/or beneficiaries simultaneously using a CSV file.
Prepare your Mass Payment Form
1. Download the CSV file for your intended Mass Payment type:
2. Complete your form by overwriting the example text. Here are some important considerations for each form:
International
Column A: Please ensure the transfer code “T_INT” is included in every row that contains data.
Column F: Two-digit country code.
Column G: Beneficiary Bank BIC code without the “XXX” at the end, the way it is displayed in the standard International Transfers BIC lookup screen.
Column H: Intermediary Bank BIC code (if applicable) without the “XXX” at the end, the way it is displayed in the standard International Transfers BIC lookup screen.
Column I: Transfer amount in numerical form based on your eBanking user preferences, e.g. 1000.00 or 1000,00
Column J: Three-digit currency code of the payment.
Column K: Charging Code should be OUR, BEN, or SHA only.
Columns L-O: Optional Reference lines 1-4. Maximum of 35 characters per line. This information will be added to your transfer’s SWIFT Reference section.
Column P: Please complete this mandatory Reason for Transfer field for compliance purposes.
Between Own Accounts
Column A: Please ensure the transfer code “T_OWN” is included in every row that contains data.
Column C: Transfer amount in numerical form based on your eBanking user preferences, e.g. 1000.00 or 1000,00
Column D: Three-digit currency code of the payment.
Column E: Optional description text.
Euro Pacific Accounts
Column A: Please ensure the transfer code “T_OTH” is included in every row that contains data.
Column D: Transfer amount in numerical form based on your eBanking user preferences, e.g. 1000.00 or 1000,00
Column E: Three-digit currency code of the payment.
Column F: Optional description text.
Column G: Please complete this mandatory Reason for Transfer field for compliance purposes.
Card Top Up
Column A: Please ensure the transfer code “T_CTU” is included in every row that contains data.
Column C: Optional description text.
Column D: Transfer amount in numerical form based on your eBanking user preferences, e.g. 1000.00 or 1000,00
Column E: Three-digit currency code of the payment.
3. Save the form.
Request your Mass Payment
1. Inside your eBanking Transfers menu, click Mass Payments.
2. Select your From Account.
3. Select the File Type, which is CSV by default.
4. Add optional Description text, which will be recorded in your transaction History and E-statements.
5. Upload your file and click Submit.
Authorize your Mass Payment (if applicable)
If your eBanking permissions require an Approver to authorize the Mass Payment request, please follow the procedures below.
1. Once your Mass Payment form has been uploaded and submitted, the Approver signs into their eBanking and opens the Batch Authorization page. Find Batch Authorization by clicking the in the upper right corner of your screen.
2. On the Batch Authorization page, search for the bank account where the Mass Payment was requested from.
3. In the results, find your Mass Payment and click the button under the View column. This will display your Mass Payment, itemized by transaction.
4. You may now individually Approve or Decline each payment by clicking the check mark under the Actions column.
5. Once you have reviewed all payments and approved/declined them accordingly, click the Submit button. Click Confirm to finalize.
Check your Mass Payment Status
Mass Payments currently require a manual bank approval during bank business hours.
1. To check the status of your Mass Payment, click on Batch Transaction Status under the Activities menu.
2. Select the appropriate Account and Period and click to retrieve your transaction data.
3. Your Mass Payment(s) will be displayed accordingly. Click the icon under the Actions column to view the status of the transaction.
When transferring funds to a third party, eBanking allows you to save and maintain the Beneficiary information for future payments. Beneficiaries can be created in advance or when the transfer is requested.
When the third party transfer is requested, you’ll be able to select the Beneficiary from a list of Saved Beneficiaries.
View the Beneficiaries screen by clicking Beneficiaries in the Transfer menu.
Note: Wire transfer Beneficiaries was previously known as a “Saved Wire Template”.
In the Apply For menu on the right side of your screen, click New Card Request and complete the form.
The Courier Shipping is optional, but encouraged if you would like faster shipping, do not have reliable local post, and/or require a tracking number. Couriered bank cards will be delivered within 2-3 weeks.
Bank Cards delivered via Regular Mail does not provide tracking, therefore we cannot provide an estimated delivery time. Regular Mail ships from the UK.
Important Notes:
1. For all accounts, the name imprinted on your card will be your first and last name. The address listed on your bank profile will be your Shipping Address.
2. When ordering additional bank cards for other signatories, please use an email address that is different from the one registered on your first bank card. Every card order requires a different email, otherwise our card supplier will not accept the order.
Note: Your Bank Card must be activated to request a PIN. If you’re unsure if your card is already activated, please read our User Guide article Activate Your Bank Card.
If your card is already activated with a PIN and you simply want to request a new PIN, find your Bank Card in the Accounts Overview in the Accounts menu. Clicking the icon next to your Bank Card displays New PIN Request.
Load your Bank Card by clicking Card Top Up in the Transfer menu.
Note: All Card Top Up requests currently require manual approval by our Operations team. Approvals are made only during bank business hours, which are Monday to Friday, 8am to 4pm (UTC – 4:00). Please plan ahead accordingly.
We appreciate your patience as we move to automatic Card Top Up in the coming months, when further developments are made to your eBanking platform.
We are currently placing Euro Pacific Trader applications on hold due to administrative changes at Interactive Brokers1, our brokerage custodian and technology provider. We hope to resume processing applications soon, and will notify you here when we do.
Your gateway to the world’s markets.
Euro Pacific Securities Inc. presents its premier multi-asset brokerage account, Euro Pacific Trader. You’ll be able to access stocks, options, futures, forex, fixed income, and ETFs through your choice of four powerful platforms. Click the Euro Pacific Trader product page to view the product listings, commissions, and available platforms.
Apply for a Euro Pacific Trader account by logging into your eBanking and completing the Open Euro Pacific Trader account form in the Apply For menu. After submitting your application, one of our Compliance team members will reach out to you shortly to walk you through the remaining steps.
The Precious Metals Account provides the security of physical precious metals and the convenience and access of an online bank.
Easily convert cash in your bank account into physical gold and/or silver holdings by following the steps below.
1. In the Trading menu, click Buy/Sell and Precious Metals Trading.
2. Select the type of metal you would like to own (XAU or XAG) and enter the weight or cash amount.
3. Select which Account to Debit from, which can be any of your available currencies.
4. Select your order amount by Quantity (ounces) or Amount (currency) terms. If you choose an Amount-based order, you will also need to select the currency of that Amount.
Note: The Amount currency is relevant when viewing your Trading Movements screen, which displays your historical precious metals trades. Those trades will be denominated in the currency of your Amount during the trade.
5. You will receive a confirmation of your order and we will process the order as soon as possible, typically within 1-2 hours on business days.
6. After the trade has been executed, the cash will be debited from your bank account and your precious metals holdings will be visible in your Accounts Overview.
At any time, you may liquidate a portion or all of your precious metals holdings using the same process outlined above, and your cash proceeds will be deposited back into your bank account immediately.
In the Trading menu, click Buy/Sell and Mutual Funds Trading.
We offer four unique, professionally-managed Mutual Funds. To discuss if mutual funds are suitable for diversifying, protecting, and growing your wealth, contact us to schedule a call with one of our Sales & Trading associates.
If you are attempting to convert cash inside of your Euro Pacific Trader account, you will simply need to do two internal transfers:
First transfer the cash into your bank account.
After the cash settles in your bank account, transfer it back to your brokerage account using the EPT account of the currency you’d like us to deposit into your Euro Pacific Trader.
For example: You want to convert USD to EUR inside your Euro Pacific Trader account. Transfer USD to your bank account. Once it is processed, transfer that USD into the EUR Euro Pacific Trader account. This is a total of two transfers.
For those regions where margin instruments have an initial and maintenance margin configured, initial margin available is now shown in trade tickets in all platforms in addition to the initial and maintenance margin impact. Initial margin available shows the funds available for opening new margin positions.
New trade ticket in GTS
A new trade ticket will be available in GTS from 20 September 2018 — already available in GTS Pro, and GTS Mobile.
Take profit / stop loss in account currency
Take Profit / Stop Loss in the Account currency in addition to a price, distance in % or distance in Ticks / PIPs.
Keyboard support
GTS Pro now offers basic keyboard support in the trade ticket to improve the efficiency and speed of entering trades and orders.
Keyboard support now includes:
TAB to move to the next input fields
SHFT + TAB will go to back a field
UP/DOWN to increase/decrease the values of a field, e.g. a price or amount
ENTER to complete current field
ENTER (or SPACE) to activate a selected link
CTRL + ENTER takes you to the Place Order button for quick execution
Other features recently added to the new trade ticket
Second currency FX spot trading
Trading using the second currency is now available in GTS and GTS Mobile allowing you to trade in amounts in the second currency.
Persistence of input fields
GTS Pro now saves input values for each instrument when a trade or order has been placed, persisting them the next time the instrument is selected. This includes all order fields including stop loss and take profit order settings (not the order price field).
Market depth in trade ticket
For clients subscribing to level 2 data for an exchange, the market depth is now also shown in the trade ticket for reference.
New position and order indicators in charts
We have recently released a number of improvements to the position and order indicators in the charts.
Positions, orders and order/position price lines can be shown or hidden in the chart settings
Position indicators
Open positions are shown as:
A triangle on the chart at the price and time the position was opened
An indicator on the left side of the chart showing the size of position
These are coloured blue for long position red for short positions.
Hovering over the indicator on the left:
The triangle is highlighted
A horizontal line appears to better show the price at which the position was opened
A tool tip with detailed info about the position is shown
You can close the position by clicking on the X. That opens a prepopulated trade ticket.
The order indicators are outlines and are coloured blue for buy orders and red for short orders
Hovering over the indicator shows a tool tip with the order details and a horizontal line showing the price
The indicator also shows the order type LMT(Limit) or STP (Stop)
Given the escalated situation associated with Turkey, the recent moves in the TRY/USD exchange rates, the increases in the volatility of TRY spot, and the reduced liquidity in TRY, Global Trading has decided to revise the margin rates for TRY to mitigate increased risk stemming for these factors. As a first stop-gap we will be revising the margin rates for TRY margins to the below.
Margin Rate
New Margin Rate
7%
11%
The above changes to the margin requirement will be implemented on your account on Wednesday, August 15th 2018 at 13:00GMT.
The risk of sovereign default has increased dramatically over the last few days and the contagion effect of such an event has the potential to be widespread, especially to the EU area financial complex that has significant loan exposure to Turkey. In addition, the spat between the USA and Turkey that is translating in additional tariffs and sanctions is making the whole situation more complex and less predictable. We will intervene with additional measures, not only on TRY but on also other instruments, should the situation deteriorate further and adversely impact risk.
Please do not hesitate to contact your Account Manager should you have any questions.
