Changes in Margin Requirements for CFD on YNDX

Dear TeleTrade Customers,

In accordance with our risk management procedures, we will be increasing the margin requirements from for CFD on YNDX (Yandex NV) from 10% to 40%. The changes will be implemented on Thursday, June 25th, 2020 (the “Effective Date”).

As the above mentioned may influence your trading portfolio as a whole, including your open positions, we encourage you to trade responsibly by monitoring and adjusting your positions in this instrument as you deem appropriate or by making sure that your account is sufficiently funded to support this change.

We advise you to visit once again the Risk Disclosure Statement, available on our website.

We wish to take this opportunity to thank you for your valuable business with us.

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