Dear clients,
Please note that the OPEC+ meeting will be held in Vienna this Sunday, June 4, 2023. Markets expect a decision to maintain the alliance's production parameters at the same level or to further reduce production.
Due to the uncertainty about the possible outcomes of the OPEC + meeting, there are high trading risks associated with a possible sharp volatility rise in the oil market.
Please be aware that in connection with the market uncertainty, our liquidity providers may increase margin requirements both before and after the even. In this case, LiteFinance will have to make corresponding changes in margin requirements on all LiteFinance trading servers for the following instruments:
There is a high probability of spread widening and price gaps for the instruments specified above.
Please consider this information when making trading decisions on the instruments specified above.
Best regards,
LiteFinance
