2022-05-04

Added · Updated

Instructions for Margin Trading in Foreign Currencies and Major Precious Metals for the Benefit of Customers

The Central Bank of Jordan mandates that banks operating in the Kingdom adhere to specific controls when providing margin trading services in foreign currencies and precious metals for customers. Banks must enforce a preliminary margin of at least 15% of position value, with mandatory liquidation if margins fall below 5%, and are prohibited from financing these trades with credit facilities. These instructions, issued under Board Decree No. 123/2018, repeal the previous 2006 regulations and take effect immediately.

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