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Important: USOIL and UKOIL to stop trading temporarily

6/4/2019, 7:00:00 PMAnnouncements
 Important: USOIL and UKOIL to stop trading temporarily

Dear Client:


Please be advised that our liquidity provider (LP) will perform an update to the market data interface. Certain products will be affected as follows:


1.We will stop offering quotes for USOIL and UKOIL temporarily for all accounts.


2. Starting from June 11th, 2019 (GMT+3) at the market’s open, no new positions in USOIL will be allowed and you will only be able to close your existing positions. All open positions will be automatically liquidated 5 minutes before market closes on June 17th , 2019 (GMT+3).


3. Starting from June 19th, 2019 (GMT+3) at the market’s open, no new positions in UKOIL will be allowed and you will only be able to close your existing positions.  All open positions will be automatically liquidated 5 minutes before market closes on June 25th , 2019 (GMT+3).


As such, please ensure that you close out your positions in the related products in a timely manner to avoid forced liquidation. We apologize for any inconvenience caused and thank you for your continuous support.


In addition, XTIUSD and XBRUSD won’t be affected  and can be traded as normal.


If you have any questions, please email us at [email protected] and we'll get straight back to you. Alternatively, call us on (+44) 203 8089388 and we'll be happy to help. 


Kind regards,

UBFX

Your investment partner