Euro Pacific Bank

April 2017 New Products & Platform Updates

US corporate and LATAM bonds now available

We are pleased to announce the most recent addition of US corporate and LATAM bonds:

  • US corporate bonds include Investment Grade bonds and more high-yield bonds.
  • LATAM bonds include the most actively-traded USD corporate and government bonds from Brazil, Argentina, Venezuela and other Latin American countries.

Bond commissions

As an introductory offer, bond trading was available on very low commissions of 0.08%. From 1 April 2017, commissions have increased to 0.2% for both online and offline-traded.

Futures position management changes

GTS is moving to FIFO netting on futures positions from:

  • 6 April on the GTS Pro platform
  • 8 April on the GTS-web platform

This means that futures trades must be closed in the order they were opened; platform features which allow you to close trades in a different order will be removed:

  • Individual trades in a position cannot be closed directly
  • You cannot place related stop and limit order to close specific trades.
  • Closing positions

    To close or reduce a position, you can place a trade using either the Close button on the position or by placing a trade using the Trade Ticket

    Related orders

    Stop loss and take profit orders cannot be related directly to individual trades. Independent stop and limit orders can be placed instead and managed separately to the position ñ if you manually close a position, you must also manually cancel any orders.

    Changes to Allocation Summary

    In connection with the futures position management changes in the beginning of April, the Allocation Summary will be changed:

    • For futures contracts, the Close Allocated Positions Ticket will be changed to allocate futures orders/trades which are not related to opening trades.
    • The Close Position buttons on the trade level in the Allocation Summary will be removed for all products.