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Ahead of the upcoming UK referendum on EU membership scheduled for Thursday, the majority of brokerage firms are raising their margin requirements, mostly on GBP, EUR and UK indices, amid fears that the Brexit June 23 vote on European Union membership will trigger market mayhem.
This article is designed to be an easy-to-understand guide that lists the margin and leverage changes across most of the key players in the trading industry. The tightening of the trading conditions was a mandatory step to help ensure their clients are provided with better protection against the predicted volatility surrounding this event.
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