Dear Value Customer,
The WTI futures markets are not in an orderly fashion, and as such we cannot ensure an orderly market on our spot index pricing. As a result of this, we strongly advise clients to act with extreme caution while trading in this product, as the outcomes of any trading activity are highly unpredictable.
We do not currently intend to enforce clients to completely cease trading in WTI, because we understand that this will have potential implications for your clients.
Due to the extreme situation, we will be increasing margin requirements with immediate effect to 30% for WTI and 10% for Brent, with a strong possibility that there might be further dynamic increases.