Advisory #28 | 06 21, 2016

Upcoming Brexit Vote and Increased Margin Requirements

Significant market activity is expected later this week resulting from the Brexit vote in the United Kingdom scheduled for Thursday, June 23rd. Due to the risk presented by significant market swings, we have been advised by some of our brokerage partners that they will be temporarily increasing intraday margins.

If you experience an unexpected order rejection, it may be due to this temporary increase in intra-day margin requirements.

If you have any questions, please direct them to your broker.