TRANSACTION UPDATE: In order to maintain seamless processing of deposits and withdrawals, we recommend using our alternative channels. This change is due to recent upgrade to Zenith and GTB systems. Monie Point Account Name: FRNG Account Number: 8261977777, Wema Bank Account Name: FRNG Limited Account Number: 0122598731

IMPORTANT: Temporary Leverage Limitation!

Dear Client,


In context of the high impact fundamental news expected to generate high volatility today, Rally Trade will temporarily limit leverage at a maximum of 1:100.


This temporary change will take place at 13:00 until 15:30 (Nigerian time), tomorrow on Wednesday, the 13th of November 2024. Please note that existing / opened trades will be affected on all platforms effectively increasing the margin required to keep those positions opened.


We strongly recommend reviewing all open positions and making sure that your account has sufficient free margin to cope with the updated trading conditions and increased market volatility as soon as possible.


Any such future measures will be announced on the RallyTrade website in the "Announcements" Tab thus we encourage our clients to regularly check for updates.


Should you have any questions or concerns, please feel free to contact your dedicated Account Manager or your nearest RallyTrade Office.


Kind regards,


RallyTrade Team

Rally Team


Leverage Reverted to Standard Levels

Dear Client,

We are pleased to inform you that leverage has now returned to standard levels as outlined in our Margin Table.

Thank you for your understanding and cooperation during this period. For any questions, please contact your Account Manager or visit the RallyTrade website.

Kind regards,

The RallyTrade Team

Rally Team


CFD Swaps 11.11.2024

Dear Clients,


Attached you will find information concerning swaps for next week (as usual these swap rates will come into force from Monday, 11th of November):


rally xTrader - Daily Percentages - CFD Swaps 11.11.2024


MT4 - Yearly Percentages - CFD Swaps 11.11.2024


Please be acknowledged that values for CFD swaps are provided in daily percentage (%) values for the rally xTrader's file, and in yearly percentage for the MT4's file. The same base data is used for calculating both the files.

Rally Team


Rollover on CATTLE, COCOA, COFFEE and COTTON

Dear Clients,


Please note that yesterday there was a change of delivery date for CATTLE, COCOA, COFFEE and COTTON instruments. Clients who have had opened positions were credited or debited with proper swap points amounts.


These are:


- CATTLE -1625 swap points for long position; 1625 swap points for short position,


- COCOA 182 swap points for long position; -182 swap points for short position,


- COFFEE 65 swap points for long position; -65 swap points for short position,


- COTTON -238 swap points for long position; 238 swap points for short position.

Rally Team


Rollover on CATTLE, COCOA, COFFEE and COTTON

Dear Clients,


Please note that today, at the end of trading day CATTLE, COCOA, COFFEE and COTTON underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:


- COFFEE approx. -0.60 USD,


- CATTLE approx. 1.250 USD,


- COTTON approx. 2.18 USD,


- COCOA approx. -247 USD.


It means that if nothing occurs between today's closing and tomorrow’s opening, open price for:

- CATTLE, COTTON should be higher by given values,

- COCOA, COFFEE should be lower by given values


Change of position value connected with base change will be corrected by swap points equal to base value. Clients with limit and stop orders close to current price are kindly requested to adjust their position to changes in base value. Otherwise stop and limit orders will be executed according to standard procedure.

Rally Team


Rollover on VIX and VSTOXX

Dear Clients,


Please note that yesterday there was a change of delivery date for VIX and VSTOXX instruments. Clients who have had opened positions were credited or debited with proper swap points amounts.


These are:


- VSTOXX 35 swap points for long position; -35 swap points for short position,


- VIX 44 swap points for long position; -44 swap points for short position.

Rally Team


Rollover on VIX and VSTOXX

Dear Clients,


Please note that today, at the end of trading day VIX and VSTOXX underlying instruments will change their delivery dates. Current difference between prices of futures with consecutive delivery terms is:


- VIX approx. -0.65 index points,


- VSTOXX approx. -0.60 index points.


It means that if nothing occurs between today's closing and tomorrow’s opening, open price for:

- VIX, VSTOXX should be lower by given values.


Change of position value connected with base change will be corrected by swap points equal to base value. Clients with limit and stop orders close to current price are kindly requested to adjust their position to changes in base value. Otherwise stop and limit orders will be executed according to standard procedure.

Rally Team


CFD Swaps 04.11.2024

Dear Clients,


Attached you will find information concerning swaps for next week (as usual these swap rates will come into force from Monday, 4th of November):


rally xTrader - Daily Percentages - CFD Swaps 04.11.2024


MT4 - Yearly Percentages - CFD Swaps 04.11.2024


Please be acknowledged that values for CFD swaps are provided in daily percentage (%) values for the rally xTrader's file, and in yearly percentage for the MT4's file. The same base data is used for calculating both the files.

Rally Team


Rollovers, holidays in the following week

Dear Clients,


Below you will find information concerning rollovers, holidays and corporate actions in the upcoming week.



CFD Derivatives - Forex, Commodities, Indices


Rollovers:


05.11 Tuesday: VIX, VSTOXX


07.11 Thursday: CATTLE, COCOA, COFFEE, COTTON



Holidays (change in trading hours - CEST time):


There are no holidays in the following week.



Please be aware that presented corporate actions may change (new CA can be announced and existing can be cancelled).


Rally Team


Temporary Leverage Adjustment Due to Market Conditions

Dear Client,

In anticipation of high volatility and low liquidity expected during the upcoming week due to the US elections, RallyTrade will temporarily adjust leverage to a maximum of 1:100.

This adjustment will be effective from 13:30 (Nigerian time) tomorrow, the 1st of November 2024, until further notice. Please note that this change will impact existing and newly opened trades across all platforms, increasing the margin required to maintain open positions.

We strongly recommend that you review all open positions and ensure your account has adequate free margin to handle the updated trading conditions and anticipated market fluctuations.

Future announcements regarding any further changes will be posted in the "Announcements" tab on the RallyTrade website. We encourage our clients to regularly check for updates.

If you have any questions or require assistance, please do not hesitate to reach out to your dedicated Account Manager or the nearest RallyTrade office.

Kind regards,

The RallyTrade Team

Rally Team

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