Note the changes concerning Commodity oil products.
We have increased the margin rates in the Oil symbols, citing the recent volatility in the Crude Oil Futures markets. Sight Gain Markets implores you to closely monitor all your trades very carefully, in case you have the intention of holding your open positions. Make sure to retain and uphold an adequate margin in your trading account during this period. We might continue to alter the margin requirements on short notice or without any notice based on the market dynamics. You will get all updated information on the margin changes here and on the trading platform as well.
Kindly note the increase in financing charges and consider the same when developing trading strategies.
Kindly note that if the underlying prices of the oil market fall below zero or negative prices, Sight Gain Markets will not display any prices unless it return to positive prices.
It is possible that we might close all the positions for oil product in any event that the prices drop to a zero or if the liquidity takes a serious hit and the market starts acting irrationally. In that case, we will not be able to guarantee the price of closed positions.
It is common for the trading platform to restrict long/short trading or opening of new positions if the market is experiencing low liquidity and high volatility. In event of such trading restrictions, we will reject and delete triggered pending orders or market orders. You might see sudden change in a status of a trading instrument without any notice from us.
Although we ensure to notify you of any changes, in times of rapidly evolving market dynamics, that might not be possible. Hence, we ask you to manage your margins and positions properly and trade with caution in times of market volatility.
Feel free to reach out if you have any queries regarding the same.
In the event of extreme volatility in global markets the European markets can end up imposing restrictions on short selling of equities. Accordingly, Sight Gain Markets will limit the number of European Indices to Long/Buy trading, allowing traders to enter into new positions. However, the trader can close or reduce new or pre-existing positions. Additionally, we can increase the margin rate on these indices.