Dear KVB Futures Clients,
We would like to inform you of an important update regarding the Higher Margin Requirement (HMR) policy.
Effective from the next major economic data release, KVB Futures will implement the following HMR policy updates:
1. Additional HMR Periods for Major Economic Events
The HMR Policy will apply during the following major economic events:
- Consumer Price Index (CPI)
- Federal Open Market Committee (FOMC)
- Non-Farm Payroll (NFP)
The HMR period will begin 15 minutes before the scheduled event and remain in effect until 5 minutes after the release, based on Server Time (UTC+3).
For example, if an event is scheduled at 15:30 (Server Time), HMR will be applied from 15:15 to 15:35.
2. Updated HMR Multipliers
| Instrument | HMR Multiplier |
|---|---|
| All Forex Currency Pairs | 5x |
| XAUUSD | 7.5x |
| XAGUSD | 5x |
The HMR policy applies only to new net positions opened during the applicable HMR period, including new positions and net exposure resulting from unlocked or unhedged positions.
An HMR multiplier of 5x means the required margin will increase to five times the normal margin requirement, reducing the effective leverage to one-fifth of the original leverage.
The existing HMR schedule for weekend trading remains unchanged.
Please ensure that your account maintains sufficient available margin during HMR periods to avoid unexpected liquidation.
If you have any questions, please contact our Customer Service or email us at [email protected].
Best regards,
KVB Futures
