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In response to likely margin increases in the institutional markets, Delta Index is changing its margin requirements on the Irish Financial Markets as detailed below. This is to avoid urgent margin call requests being made to you at short notice.
The new margin rates are as follows.
| Bank of Ireland |
50% |
| Allied Irish Banks |
50% |
| Irish Life and Permanent |
50% |
The above margin rates will apply to all New and Existing positions held in these markets at close of business today Sept 14th 2009. The above changes may result in additional margin being required to maintain your open position(s). If this is the case, such required margin must be cleared in your Trading account by Wednesday 16th September at 12:00pm. We refer you to Term 18 (Term 16 CFD) of the Delta Index Terms & Conditions in this regard.
If you have any queries in relation to the above please do not hesitate to contact us on 1850 88 20 20.
Kind Regards,
Delta Index Client Services
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