Margin requirements up amid Brexit tension
Even dealers put the squeeze on clients, fearing higher volatility when vote results are out
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Singapore
MARKET players around the world battened down the hatches on Thursday ahead of Britain's referendum on European Union membership, raising margin requirements in anticipation of heightened volatility when the results arrive.
The Singapore Exchange (SGX) said it applied a "standard measure" of addressing event risk by raising requirements for potentially vulnerable derivatives, and that it would continue to monitor developments and may make further adjustments if needed.
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