Euro Pacific Bank

Removal of the Price Feed from Warsaw Exchange after Feb 15th, 2018

EFFECTIVE: Feb 15th 2018

Please be advised that we are no longer going to be supporting Warsaw Exchange price quotes due to substantial increases in pricing associated with offering trading on this exchange.

A. The prices will not be visible

Having the prices removed will mean that none of the Warsaw Exchange traded products will not have a visible price; this applies not only in the trading views but also in the account holding views (See Euronext Exchange example below):

Trading Module:

Open positions in Account Summary:

B. The margin calculation will still work

Although the prices are completely gone from the trading platform(s) Global Trading still has the internal use of them for the margin calculation. The upper part of the Account Summary will therefore still show correct unrealized P/L and Margin Utilization, however it will not be possible to match these values with anything in the open positions view:

C. Clients will still be able to close positions

Given that internally we can still see the prices, it is the overall general recommendation that the end clients contact us via the online banking portal or the platform chat tool to close any open positions.

However, technically it is possible for the end-client to close the position on the trading platform(s):

Please contact your private banker if you have any further questions about these changes.

LAST UPDATED: APRIL 16, 2024

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

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

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

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

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

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

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

October 14, 2022: Customer Update & Townhall.

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

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

December 05, 2022: Migration & liquidation update.

December 16, 2022: Comprehensive FAQ is published.

January 27, 2023: Correspondent bank update.

March 8, 2023: Migration & liquidation update.

March 31, 2023: Migration & liquidation update.

April 20, 2023: Liquidation update- Action required.

May 05, 2023: Migration & Liquidation update.

May 31, 2023: Migration & Liquidation update.

June 17, 2023: Receiver's report.

June 23, 2023: Migration & Liquidation update.

July 20, 2023: Migration & Liquidation update.

September 01, 2023: Migration & Liquidation update.

September 22, 2023: Report & Communication Portal.

September 22, 2023: Report & Communication Portal.

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

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

February 02, 2024: Migration & Liquidation update.

February 19, 2024: Migration & Liquidation update.

March 03, 2024: Migration & Liquidation update.

March 11, 2024: Receiver's Reports.

April 13, 2024: Migration & Liquidation update.

April 16, 2024: Receiver's Reports.