Re BREXIT, looks like the powers-that-be are getting nervous. My broker just posted the following announcement to all users -- anyone else getting this type of notification from their broker?
In anticipation of possible market disruptions, extreme volatility and/or unusually large moves in market prices, "broker" will be increasing your margin requirements effective the morning of June 23rd through the close of business June 24th. The following futures related contracts will be impacted:
200% increase to all EUREX products
200% increase to all CME Currency products
300% increase to all VIX futures products
While no one can anticipate the effects to markets in advance of the eventual outcome of this referendum, we believe that a heightened risk awareness is prudent for both our Firm and your trading.
You should review your account and take appropriate measures that you believe necessary to address the possibility of an extreme or unusual market disruption. Please be aware that "broker" will exercise its right to liquidate any customer positions at any time, should your account fall below existing or revised margin requirements.
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