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Brokerages impose higher margins to prepare for volatility

Most products that attract higher margin requirements are exchange traded futures products

Tay Peck Gek

Tay Peck Gek

Published Wed, Oct 21, 2020 · 09:50 PM
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Singapore

SECURITIES brokerages are raising their margins for certain products trading as the drumbeats of the United States presidential election grow louder.

Phillip Futures and Interactive Brokers are among those that have asked customers to stump up more money upfront as a trading deposit, in view of volatility ahead of the keenly-watched fight between Donald Trump and Joe Biden on Nov 3.

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