CFD ETFs
Corporate actions (such as Stock
Splits, Dividends, Earnings, etc) can affect the
stock price. During such events, possible price
market gaps are expected to occur following the
announcements. In order to protect our clients, an
increased margin is required during these times of
volatility. On such events, the minimum margin
required will be 20% for the whole trading session
before the corporate action (ex-date) and 15 minutes
after the market opening. This will apply only to
new positions opened on the ex-date.
Daily Break: All new positions
opened in the 30 minutes before market closing and
15 minutes after market opening the following day
margin will be
Weekend/ Holiday Policy: All new
positions opened in the 30 minutes before market
closing and 15 minutes after market opening the
following day margin will be
This is not applicable to clients under Windsor
Markets (Kenya) Limited and Seldon Investments
Limited (Jordan).
The Company’s Default margin requirement for each ETF
may differ from the above table on specific shares,
to check the minimum required margins per ETF please
refer to the Product
Outline