Reduction of maximum leverage on USD/HKD exposures

Due to possibility of abolishment of the USD/HKD peg and the probable subsequent high volatility and low liquidity on that currency pair, there is an increasing risk of significant price gaps, which may cause negative equity on client accounts. Because of that Dukascopy Bank and Dukascopy Europe are forced to reduce maximum leverage for exposures on USD/HKD to 1:10 as of 9 March 2016 at 11:00 GMT.

Traders are invited to estimate their margin usage at the moment that the leverage reduction on USD/HKD will be applied and adjust their exposure if needed.

Please note that for all accounts where there is no such USD/HKD exposure the lower maximum leverage will be applied today, 3 March 2016 after 14:00 GMT.