TeleTrade announces changes to OMGUSD trading parameters

TeleTrade has announced important changes to the trading parameters for the OMGUSD crypto-symbol, set to take effect on June 23, 2024.
These changes are in response to updates from liquidity providers, the brokerage said in a statement.
Key Changes:
MT4 Servers: The contract size for OMGUSD will increase from 100 to 1000 tokens.
MT5 Servers: The minimum volume and step size for OMGUSD will increase from 1 to 10 tokens.
From June 17, 2024, trading for the OMGUSD symbol has been set to "Close only" mode. TeleTrade advises all traders to close any open positions and delete pending orders for OMGUSD by the end of the trading session on June 22, 2024. After this deadline, any remaining open positions will be force-closed, and all pending orders will be canceled.
TeleTrade encourages traders to consider these changes in their trading strategies and to take necessary actions before the stipulated deadlines to avoid any disruption or inconvenience.
For further details and assistance, traders are encouraged to contact TeleTrade’s support team.
The broker emphasised that these changes are aimed at ensuring continued stability and performance of trading operations, taking into account updates from liquidity providers.
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