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AxiTrader has taken the decision to cease to offer Hong Kong Dollar and Danish Kroner Margin FX Contracts.

This decision is due to a number of interbank foreign exchange market participants withdrawing their market-making or custodial services in these Underlying Instruments. AxiTrader has reasonably determined that it will be unable to maintain an orderly market in these currencies and will therefore cease to offer these contracts.

Under clause 20.1 of the Customer Agreement this email serves as formal notice that AxiTrader will cease to offer the instruments as at Close of Business on Friday 30 January, 2015 (Effective Date).

Customers shall not be able to open new positions from the Close of Business on 23 January, 2014.

When will these changes take effect?

HK Dollar and Danish Kroner contracts will be set to "close only" at Close of Business on Friday 23 January, 2015.

All trading will be suspended at the Close of Business on Friday 30 January, 2014.

What action should I take?

Customers are requested to close all open transactions before 3pm New York time (22:00 Server Time) on 30 January, 2015.

What happens if I do nothing?

AxiTrader will close all open transactions at the prevailing AxiTrader price as at 12pm New York Time (19:00 Server Time) 30 January, 2015

Key Dates

Close Only (no new positions)
COB 23 January, 2015

Close all Positions
12pm NYT 30 January, 2015

Instruments Suspended
COB 30 January, 2015

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