Doo Prime FOMC Meeting Leverage Adjustment Notice

2021-07-23 | FOMC Meeting Leverage Adjustment Notice , Leverage Adjustment Notice

Dear Valued Customer:   

Greetings from Doo Prime! 

To remain competitive and provide global investors with the best trading experience, Doo Prime has been unremittingly improving the quality of our products and services.    

In view of the upcoming FOMC meeting on June 28th, 2021, its uncertainty will lead to high risks in the financial market.   

In order to deal with such potential market risks caused by the recent market changes, during the FOMC meeting period, Doo Prime will adjust the leverage of XAUUSD.   

The adjustments will take effect immediately, starting from 00:00 until 21:58 on June 28th, 2021. After this period, the leverage of XAUUSD will return to normal.  

The specific adjustments are as follows: 

Example 1:   
If your account’s leverage is at 1:500 leverage, then the leverage for XAUUSD will be at 1:500. Hence, during the FOMC meeting period, your leverage will be at 1:200.  

Example 2:   
If your account’s leverage is 1:200, then the leverage for XAUUSD will be at 200:1. Hence, during the FOMC meeting period, your leverage will be at 1:80.   

Please be reminded that:                        

1. The time stated above is based according to the system’s time (GMT +0), London time (BST).         

2.  In order to ensure the security of your account and avoid the risk of liquidation due to the increase in margin, it is recommended that you pay close attention to the margin situation in time to replenish funds or reduce account positions.    

3. The information above might change subsequently. Please take this information accurate at the time of posting.   

Thank you for your trust and support in Doo Prime, we will continue to provide you with the highest-quality and satisfactory service.    

If you need any further clarification, please do not hesitate to contact us.     

Phone:    
Europe: +44 11 3733 5199    
Asia: +852 3704 4241    
Asia – China: +86 400 8427 539    

Email:    
Customer Support: en.support@dooprime.com  
Sales Inquiry: en.sales@dooprime.com  

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