IC Markets upgrades liquidity for CHINA50 and XNG/USD
IC Markets updates CHINA50 & XNG/USD liquidity
IC Markets, a leading CFD broker operating since 2007, has announced a major update to its CHINA50 and XNG/USD instruments, set to take effect this weekend.
The update involves transitioning to a new Liquidity Provider (LP) to enhance trading conditions and improve market liquidity for its clients, as stated on the broker’s website.
Key changes and their impact
To ensure a smooth transition, IC Markets will implement swap and financing adjustments on Friday, compensating for any discrepancies in Fair Value between the outgoing and incoming LPs. This transition is designed to provide a seamless experience without disrupting traders’ positions.
What traders need to know:
Compensation for affected positions – Any open positions negatively impacted by the Fair Value adjustment will receive compensation through the swap system.
Adjustment for benefiting positions – Traders who gain from the adjustment will see a corresponding charge to maintain balance.
No net Profit or Loss impact – These adjustments are structured to ensure that traders experience no net change in Profit and Loss (P/L) due to the transition.
Additionally, IC Markets will process the usual triple swap on CFDs, which typically occurs on Fridays. Traders are encouraged to review their pending orders, Stop Loss, and Take Profit levels and make necessary modifications before the transition.
Why this change matters
Liquidity providers play a crucial role in ensuring efficient pricing, reduced spreads, and optimal market depth for CFD traders. By upgrading its liquidity source, IC Markets aims to enhance execution speeds, improve price stability, and minimize slippage—key factors that impact traders' profitability.
This move is part of the company’s broader commitment to delivering top-tier trading conditions and technological advancements in the forex and CFD market.
Customer support and assistance
IC Markets assures clients that customer support teams are available to assist with any concerns regarding these changes. Traders who require additional guidance or have questions about the adjustments can contact support for personalized assistance.
By proactively improving its liquidity infrastructure, IC Markets reinforces its dedication to providing a seamless, transparent, and efficient trading environment, ensuring traders have access to the best possible market conditions.
