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French Presidential Election 2022

2022-04-21

Dear Valued Client,

With the five-year term of the incumbent officeholder coming to a close, France kick started their Presidential Election with the first round held on 10th April 2022.

As no candidate have secured an absolute majority of votes in the first round, the second and final round will be held on 24th April 2022 between the two candidates who received the most votes.

The finalist of the French Presidential Election 2022 are Emmanuel Macron (current president) of La République En Marche! Party and Marine Le Pen of National Rally Party.

What to expect:

  • Emmanuel Macron (winning odds of 85% according to bookmakers) is overwhelmingly favourable of winning the election.
  • A surprise victory by Le Pen (around 15%) would cause shock to the market, likely causing greater market volatility across various asset classes.
  • Impacted symbols and asset classes include but are not limited to: The Euro and British pound as well as the crosses currency pairs, European Indices and Metals.

We would highly recommend clients to evaluate the potential risk and trade cautiously by ensuring accounts are sufficiently funded if they are keeping positions open of the above-mentioned products on the closing of the trading period on 22nd April 2022. Please also be aware of potential gapping risks on 25th April 2022 when markets reopen.

If you have any questions or require any assistance, please contact our Customer Care Team via Live Chat, email: [email protected], or phone +248 4671 948.

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Indices Products Optimisation Notice

2022-04-18

Dear Valued Client,

Please be advised that there will be some optimisation on some Indices products to further enhance the competitiveness and improve the trading environment.

Leverage of the following products will be optimised effective from 25th April 2022.

Trading hours of the following product will be optimised effective from 25th April 2022.

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

If you have any questions or require any assistance, please contact our support team via Live Chat, email: [email protected], or phone +248 4671 948.

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Upcoming Changes to Trading Hours

2022-04-18

Dear Valued Client,

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

Please refer to the table below outlining the affected instruments:

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

Please note that in the event of reduced liquidity in the market, spreads might significantly increase from their normal average level.

If you have any questions or require any assistance, please contact our support team via Live Chat, email: [email protected] or phone +248 4671 948.

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CFD Rollover Notice for April

2022-04-14

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:

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

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: [email protected] or phone +248 4671 948.

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Upcoming Weekly Adjustment on Index Dividend Notice

2022-04-14

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: [email protected] or phone +248 4671 948.

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Indices CFDs – HSI Symbol Change Notice

2022-04-12

Dear Valued Client,

PU Prime will be updating our HSI symbol to HK50 effective from 18th April 2022.

Kindly refer to the table below outlining the affected instruments:

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

Please note that the above information may be subjected to change. Kindly refer to MT4/MT5 for details.

Clients who have open Hang Seng Cash CFD positions after the market closed on 15th April 2022 would have the symbol updated to HK50 on 18th April 2022.

The product specifications will remain unchanged and there would not be any impact to clients’ open positions.

If you have any questions or require any assistance, please contact our Customer Care Team via Live Chat, email: [email protected] or phone +248 4671 948.

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