Following yesterday’s announcement regarding the impending reduction of maximum leverage on USD/HKD currency pair to 1:10 amidst concerns of peg abolition and possible subsequent high volatility and low liquidity, we would like to specify that this reduction will also be applied to all HKD pairs, including HKD/JPY, CAD/HKD and EUR/HKD.
Reduced leverage on HKD-containing pairs has already been applied to accounts with no open HKD positions. We remind that reduction of maximum leverage for HKD positions to 1:10 on remaining accounts will happen on 9 March 2016 at 11:00 GMT.