Important Notice | Temporary Leverage Adjustment for US and Hong Kong Stock CFDs Before Earning Announcements

Important Notice | Temporary Leverage Adjustment for US and Hong Kong Stock CFDs Before Earning Announcements

• 14 Jun 2024

Dear Valued Client,
 

To address potential market volatility during the earnings announcements of US and Hong Kong stocks and to manage market risks efficiently, you are urged to exercise caution when holding positions during these periods. Please consider the following precautions to protect your investments:

• Closely monitor your open positions and margin ratios to avoid being affected by abnormal liquidity, spreads, or intermittent quotes.
• Deposit funds promptly when necessary to mitigate risks.

To protect your existing positions and ensure the stability of your trading, Anzo Capital will temporarily adjust the leverage for Stock CFDs of the following companies three (3) working days prior to their earnings announcements.

• The leverage ratio for Hong Kong Stock CFDs will be adjusted to 1:2

• The leverage ratio for US Stock CFDs will be adjusted to 1:5

Please note:

• • The leverage ratio for JD.NAS & BAIDU.NAS Stock CFDs will be temporarily adjusted to 1:1.
  • This adjustment is applicable to new orders only. The leverage will return to normal on the next trading day after the earnings announcements.

Please note: In the event that an underlying market closes or the liquidity available is deemed inadequate, the market for the affected instrument may experience wider than usual spreads or may temporarily close.

Risk Warning: Trading Contracts for Differences (CFDs) and leveraged Foreign Exchange (FX) carries a high level of risk and may not be suitable for all investors.