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CFD Rollover Notice for June

2024-06-6

Dear Valued Client,

Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly.

Expiration dates:

Please note:

  • The rollover will be automatic, and any existing open positions will remain open.
  • Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts.
  • To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.
  • Clients should ensure that take profits and stop losses are adjusted before this rollover occurs.

If you have any questions or require any assistance, please contact our Customer Care Team via Live Chat, email: info@puprime.com.

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MT4/MT5 Pro Account Adjustment Notice

2024-06-5

Dear Valued Client,

PU Prime will implement the following adjustments to all MT4/MT5 Pro accounts starting from 17 June 2024 to enhance competitiveness and improve the trading environment as follows:

  • Adjustment in margin call level threshold and margin stop-out level threshold.
  • Adjustment in leverage for Indices and Oil products.

Please refer to the table below account specification outlined for adjustment:

Please refer to the table below instrument outlined for leverage adjustment:

Important Note:

  • Please note that the leverage criteria for Pro Account remain unchanged: When your Pro account equity surpasses USD 20,000 (or its equivalent in other currencies), system will automatically adjust the leverage to 1:500 without further notice.
  • Kindly be advised that the decreased in leverage will require more margin for your Indices and Oil open positions.
  • We recommend that clients manage their trades by end of day on 14 June 2024 by ensuring sufficient funds in their trading accounts to maintain open positions and prevent forced liquidation due to the increased margin requirements.

If you have any questions or require any assistance, please contact our support team via Live Chat, email: info@puprime.com or phone +248 437 3105.

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MT4/MT5 Account Optimisation Notice

2024-06-5

Dear Valued Client,

PU Prime will implement the following optmisation to all MT4/MT5 accounts starting from 17 June 2024 to enhance competitiveness and improve the trading environment as follows:

  • Optimisation in margin call level threshold and margin stop-out level threshold.
  • Optimisation in leverage for Forex, Oil and Indices.

Please refer to the table below account specification outlined for optimisation:

Please refer to the table below instrument outlined for leverage optimisation:

Important Note:
If you choose 1:1000 as your maximum leverage, system will automatically adjust to 1:500 once your account equity surpasses USD 20,000 (or its equivalent in other currencies) without further notice. We recommend ensuring sufficient funds in your account and trading cautiously.

If you have any questions or require any assistance, please contact our support team via Live Chat, email: info@puprime.com or phone +248 437 3105.

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Upcoming Weekly Adjustment on Index Dividend Notice

2024-05-31

Dear Valued Client,

Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date.

Please refer to the table below for more details:

*All dates are provided in GMT+3 (Server Time in MT4/MT5.)

Please note the above data are subject to changes. Please refer to MT4/MT5 for details.

If you have any questions or require any assistance, please contact our Customer Care Team via Live Chat, email: info@puprime.com or phone +248 4373 105.

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Upcoming Changes to Trading Hours

2024-05-31

Dear Valued Client,

Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming June holidays.

Please refer to the table below outlining the affected instruments:

* All hours are provided in GMT+3 (Server Time in MT4/MT5.)

Note:

  • In the event of reduced liquidity in the market, spreads might significantly increase from their normal average level.
  • The above data are subject to changes. Please refer to https://www.puprime.com/news/ for latest details.

If you have any questions or require any assistance, please contact our support team via Live Chat, email: info@puprime.com or phone +248 437 3105.

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NVDIA Stock Split Notice

2024-05-31

Dear Valued Client,

Please be advised of the upcoming NVDIA Corp (NVDIA) stock split that is going to take place as per the following schedule:

  • Ex-Date: June 7th, 2024 (GMT+3, MT4/MT5 server time). Common shares will trade at the new split-adjusted price.

The primary motive is to make the shares more affordable to small investors even though the underlying value of the company has not changed. NVDIA would like its stock to be more accessible to a broader base of investors.

Important notes of the NVDIA Stock Split

  • The number of shares in each client’s position will multiply by 10.
  • Post-split, the open price of each position will be adjusted, which will be the original price divided by 10.
  • All pending orders at the time of the split (Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit and Sell Stop Limit) will be deleted.

Please note that:

  • The following orders for NVDIA shares will be deleted due to the stock split:
    Live Account: Pending orders (At time of stock split)
    Demo Account: All open and pending orders.
  • All settings of Stop Loss and Take Profit on Live account NVDIA open position will be ADJUSTED to the original setting price divided by 10.

Example:

Investor current has an open BUY position of 100 shares at the price of USD 1063 with a Take Profit (TP) of USD 1100.

After the Stock split of 10 for 1: (Adjustment done would be as follows)
Position Price: USD 106.30 (USD 1,063/10)
Take Profit (TP): USD 110.00 (USD 1,100/10)

If you have any questions or require any assistance, please contact our support team via Live Chat, email: info@puprime.com or phone +248 437 3105.

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